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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.
Bitfire Group Holdings (HKSE:01611) 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.
Bitfire Group Holdings 9-Day RSI Related Terms
HKSE:01611 vs MS, GS, SCHW: 9-Day RSI Comparison
For the Capital Markets subindustry, Bitfire Group Holdings'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.
Bitfire Group Holdings 9-Day RSI vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Bitfire Group Holdings's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Bitfire Group Holdings's 9-Day RSI falls into.
Bitfire Group Holdings (HKSE:01611) 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.
Bitfire Group Holdings (HKSE:01611) has a 9-Day RSI of 50.03 as of Sep. 05, 2026. According to the industry distribution chart, Bitfire Group Holdings ranks #320 out of 844 companies in the Capital Markets industry, placing it in the top 37.9%.
Is Bitfire Group Holdings' 9-Day RSI too high?
Bitfire Group Holdings' current 9-Day RSI is 50.03. The Capital Markets industry median 9-Day RSI is 50.63. Bitfire Group Holdings' value of 50.03 is 1.2% below this industry median. Based on the distribution chart, Bitfire Group Holdings ranks #320 out of 844 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Bitfire Group Holdings has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bitfire Group Holdings' 9-Day RSI compare to MS and GS?
According to the Capital Markets industry distribution chart, Bitfire Group Holdings ranks #320 out of 844 companies for 9-Day RSI. This puts Bitfire Group Holdings in the upper half of its industry. The industry median 9-Day RSI is 50.63. Bitfire Group Holdings' value of 50.03 is 1.2% 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 Capital Markets company?
The median 9-Day RSI among Capital Markets companies is 50.63, based on 844 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. Bitfire Group Holdings's current 9-Day RSI of 50.03 is 1.2% 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 Capital Markets industry, the median 9-Day RSI is 50.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bitfire Group Holdings's current 9-Day RSI is 50.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bitfire Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Bitfire Group Holdings (HKSE:01611) is currently considered Possible Value Trap. The stock's GF Value™ is HK$3.38, compared to a current price of HK$2.02 — trading 40.4% below its estimated fair value. The current 9-Day RSI is 50.03 and 1.2% below the Capital Markets industry median of 50.63. Bitfire Group Holdings' overall GF Score™ is 74/100 with 3 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 Bitfire Group Holdings (HKSE:01611), the current 9-Day RSI is 50.03 as of Sep. 05, 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 Bitfire Group Holdings (HKSE:01611) Overvalued in 2026?
Based on GuruFocus' analysis, Bitfire Group Holdings stock appears to be undervalued.
The current stock price of HK$2.02 is trading 40.4% below its estimated GF Value™ of HK$3.38.
GuruFocus considers Bitfire Group Holdings to be Possible Value Trap.
Key valuation signals for HKSE:01611:
9-Day RSI: 50.03
GF Value™: HK$3.38 vs. price of HK$2.02 (40.4% below fair value)
Industry Position: 1.2% below the Capital Markets median (#320 of 844)
No single metric tells the full story. See the HKSE:01611 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bitfire Group Holdings Ltd is an investment holding company and its subsidiaries are principally engaged in the provision of technology solution services, a varieties of services in virtual asset ecosystem, such as asset management, trust and custodian business, crypto asset trading and operate a crypto asset exchange in Japan. The company has two reportable and operating segments: (i) Operation of crypto asset exchange in Japan (Blockchain Platform Business); and (ii) Virtual asset ecosystem other than Blockchain Platform Business (Other Virtual Asset Ecosystem Business). The majority of revenue is derived from the Blockchain Platform Business segment.
74GF Score
Get the complete analysis for HKSE:01611
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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