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Shanghai REFIRE GroupHKSE:02570 -4.89%3 9-Day RSI is 29.40 as of Sep. 06, 2026. GuruFocus rates HKSE:02570 with a GF Score™ of 3/100. The stock has 8 warning signs investors should review. Among 3,137 Industrial Products companies, Shanghai REFIRE Group ranks better than 94.45% on this metric.
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.
Shanghai REFIRE Group (HKSE:02570) 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.
Shanghai REFIRE Group 9-Day RSI Related Terms
HKSE:02570 vs GEV, ETN, PH: 9-Day RSI Comparison
For the Specialty Industrial Machinery subindustry, Shanghai REFIRE Group'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.
Shanghai REFIRE Group 9-Day RSI vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shanghai REFIRE Group's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Shanghai REFIRE Group's 9-Day RSI falls into.
Shanghai REFIRE Group (HKSE:02570) 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.
Shanghai REFIRE Group (HKSE:02570) has a 9-Day RSI of 29.40 as of Sep. 06, 2026. According to the industry distribution chart, Shanghai REFIRE Group ranks #174 out of 3137 companies in the Industrial Products industry, placing it in the top 5.5%.
Is Shanghai REFIRE Group's 9-Day RSI too high?
Shanghai REFIRE Group's current 9-Day RSI is 29.40. The Industrial Products industry median 9-Day RSI is 49.02. Shanghai REFIRE Group's value of 29.40 is 40% below this industry median. Based on the distribution chart, Shanghai REFIRE Group ranks #174 out of 3137 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai REFIRE Group has a GF Score™ of 3/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai REFIRE Group's 9-Day RSI compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shanghai REFIRE Group ranks #174 out of 3137 companies for 9-Day RSI. This places Shanghai REFIRE Group in the top 6% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 49.02. Shanghai REFIRE Group's value of 29.40 is 40% 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 an Industrial Products company?
The median 9-Day RSI among Industrial Products companies is 49.02, based on 3,137 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. Shanghai REFIRE Group's current 9-Day RSI of 29.40 is 40% 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 Industrial Products industry, the median 9-Day RSI is 49.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai REFIRE Group's current 9-Day RSI is 29.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai REFIRE Group stock overvalued right now?
Shanghai REFIRE Group (HKSE:02570) has a current 9-Day RSI of 29.40. The current 9-Day RSI is 29.40 and 40% below the Industrial Products industry median of 49.02. Shanghai REFIRE Group's overall GF Score™ is 3/100 with 8 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 Shanghai REFIRE Group (HKSE:02570), the current 9-Day RSI is 29.40 as of Sep. 06, 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.
Shanghai REFIRE Group Ltd is a hydrogen technology company in China, It is focused on the design, development, manufacture, and sales of hydrogen fuel cell systems, hydrogen production systems, and related components, as well as providing fuel cell engineering and technical services catering to customers' needs, enabling it to provide one-stop solution for hydrogen production and end-use applications. Key revenue of the Group was derived from operations in Mainland China, and also has its presence in Other Countries.
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