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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100. Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.
HKSE:00840's 9-Day RSI is ranked better than 82.11% of 218
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 51.49
vs HKSE:00840: 37.61
Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) 9-Day RSI Explanation
The Relative Strength Index (RSI), developed by J. Welles Wilder in his book “New Concepts in Technical Trading Systems.”, is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100.
Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A RSI surpasses the 30 level indicates a bullish sign, when it slides below 70 level, it’s a bearish sign. This level can be adjusted depending on the security’s pattern and the market’s underlying trend. In an uptrend or bullish market, the RSI might range within a higher interval, investors could set the support level higher. If a downtrend or bearish market occurs, investors may need to lower the resistance level.
RSI can also be used in trading techniques to indicate the trading signal, such as Divergences and Swing Rejections. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.
Xinjiang Tianye Waterving Irrigation System Co 9-Day RSI Related Terms
HKSE:00840 vs CAT, DE, PCAR: 9-Day RSI Comparison
For the Farm & Heavy Construction Machinery subindustry, Xinjiang Tianye Waterving Irrigation System Co's 9-Day RSI, along with its competitors' market caps and 9-Day RSI data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Xinjiang Tianye Waterving Irrigation System Co 9-Day RSI vs Farm & Heavy Construction Machinery Industry
Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) 9-Day RSI Calculation
The formula for calculating RSI is:
RSI
=
100
–
[ 100
/
( 1 + Average Gain
/
Average Loss )]
* Note that the formula uses a positive value for the average loss.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) has a 9-Day RSI of 37.61 as of Sep. 10, 2026. According to the industry distribution chart, Xinjiang Tianye Waterving Irrigation System Co ranks #39 out of 218 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 17.9%.
Is Xinjiang Tianye Waterving Irrigation System Co's 9-Day RSI too high?
Xinjiang Tianye Waterving Irrigation System Co's current 9-Day RSI is 37.61. The Farm & Heavy Construction Machinery industry median 9-Day RSI is 51.49. Xinjiang Tianye Waterving Irrigation System Co's value of 37.61 is 27% below this industry median. Based on the distribution chart, Xinjiang Tianye Waterving Irrigation System Co ranks #39 out of 218 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Xinjiang Tianye Waterving Irrigation System Co has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Xinjiang Tianye Waterving Irrigation System Co's 9-Day RSI compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Xinjiang Tianye Waterving Irrigation System Co ranks #39 out of 218 companies for 9-Day RSI. This places Xinjiang Tianye Waterving Irrigation System Co in the top 18% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 51.49. Xinjiang Tianye Waterving Irrigation System Co's value of 37.61 is 27% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 9-Day RSI for a Farm & Heavy Construction Machinery company?
The median 9-Day RSI among Farm & Heavy Construction Machinery companies is 51.49, based on 218 companies in the industry. Companies in the top quartile (top 25%) have a 9-Day RSI significantly above this median, while those in the bottom quartile fall well below. However, 9-Day RSI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Xinjiang Tianye Waterving Irrigation System Co's current 9-Day RSI of 37.61 is 27% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 9-Day RSI mean?
A high 9-Day RSI can signal that a stock is expensive relative to its fundamentals. For the Farm & Heavy Construction Machinery industry, the median 9-Day RSI is 51.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xinjiang Tianye Waterving Irrigation System Co's current 9-Day RSI is 37.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinjiang Tianye Waterving Irrigation System Co stock overvalued right now?
Based on GuruFocus' analysis, Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.18 — trading 118.8% above its estimated fair value. The current 9-Day RSI is 37.61 and 27% below the Farm & Heavy Construction Machinery industry median of 51.49. Xinjiang Tianye Waterving Irrigation System Co's overall GF Score™ is 26/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 9-Day RSI calculated?
9-Day RSI is calculated from a company's financial statements. For Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840), the current 9-Day RSI is 37.61 as of Sep. 10, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) Overvalued in 2026?
Based on GuruFocus' analysis, Xinjiang Tianye Waterving Irrigation System Co stock appears to be overvalued.
The current stock price of HK$0.18 is trading 118.8% above its estimated GF Value™ of HK$0.08.
GuruFocus considers Xinjiang Tianye Waterving Irrigation System Co to be Significantly Overvalued.
Key valuation signals for HKSE:00840:
9-Day RSI: 37.61
GF Value™: HK$0.08 vs. price of HK$0.18 (118.8% above fair value)
Industry Position: 27% below the Farm & Heavy Construction Machinery median (#39 of 218)
No single metric tells the full story. See the HKSE:00840 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xinjiang Tianye Water Saving Irrigation System Co Ltd is a China-based firm engaged in the manufacture of plastic products. Its activities include the production and marketing of agricultural plastic water-saving irrigation equipment and plastic pipelines, and construction and installation of water-saving irrigation systems. The company's products include the PVC materials for water supply pipes, PE piping materials and accessories, pressure compensatory drip tapes, labyrinth-style drip tapes, embedded-style drip tapes, agricultural tapes and drippers. It also offers installation services for water-saving irrigation systems.
26GF Score
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9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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