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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.
Hong Wei (Asia) Holdings Co (HKSE:08191) 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.
Hong Wei (Asia) Holdings Co 9-Day RSI Related Terms
HKSE:08191 vs SSD, UFPI, BCC: 9-Day RSI Comparison
For the Lumber & Wood Production subindustry, Hong Wei (Asia) Holdings 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.
Hong Wei (Asia) Holdings Co 9-Day RSI vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Hong Wei (Asia) Holdings Co's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Hong Wei (Asia) Holdings Co's 9-Day RSI falls into.
Hong Wei (Asia) Holdings Co (HKSE:08191) 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.
Hong Wei (Asia) Holdings Co (HKSE:08191) has a 9-Day RSI of 67.16 as of Aug. 30, 2026. According to the industry distribution chart, Hong Wei (Asia) Holdings Co ranks #254 out of 296 companies in the Forest Products industry, placing it in the top 85.8%.
Is Hong Wei (Asia) Holdings Co's 9-Day RSI too high?
Hong Wei (Asia) Holdings Co's current 9-Day RSI is 67.16. The Forest Products industry median 9-Day RSI is 52.69. Hong Wei (Asia) Holdings Co's value of 67.16 is 27.5% above this industry median. Based on the distribution chart, Hong Wei (Asia) Holdings Co ranks #254 out of 296 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Hong Wei (Asia) Holdings Co has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hong Wei (Asia) Holdings Co's 9-Day RSI compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Hong Wei (Asia) Holdings Co ranks #254 out of 296 companies for 9-Day RSI. This places Hong Wei (Asia) Holdings Co in the lower half of its industry. The industry median 9-Day RSI is 52.69. Hong Wei (Asia) Holdings Co's value of 67.16 is 27.5% above 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 Forest Products company?
The median 9-Day RSI among Forest Products companies is 52.69, based on 296 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. Hong Wei (Asia) Holdings Co's current 9-Day RSI of 67.16 is 27.5% above 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 Forest Products industry, the median 9-Day RSI is 52.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Wei (Asia) Holdings Co's current 9-Day RSI is 67.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Wei (Asia) Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Hong Wei (Asia) Holdings Co (HKSE:08191) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.16 — trading 416.7% above its estimated fair value. The current 9-Day RSI is 67.16 and 27.5% above the Forest Products industry median of 52.69. Hong Wei (Asia) Holdings Co's overall GF Score™ is 30/100 with 12 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 Hong Wei (Asia) Holdings Co (HKSE:08191), the current 9-Day RSI is 67.16 as of Aug. 30, 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 Hong Wei (Asia) Holdings Co (HKSE:08191) Overvalued in 2026?
Based on GuruFocus' analysis, Hong Wei (Asia) Holdings Co stock appears to be overvalued.
The current stock price of HK$0.16 is trading 416.7% above its estimated GF Value™ of HK$0.03.
GuruFocus considers Hong Wei (Asia) Holdings Co to be Significantly Overvalued.
Key valuation signals for HKSE:08191:
9-Day RSI: 67.16
GF Value™: HK$0.03 vs. price of HK$0.16 (416.7% above fair value)
Industry Position: 27.5% above the Forest Products median (#254 of 296)
No single metric tells the full story. See the HKSE:08191 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hong Wei (Asia) Holdings Co Ltd is principally engaged in investment holding, manufacturing and selling of particleboards, and forestry business in the PRC. The Group is engaged in the manufacturing and sales of particleboards and the timber logging, plantation, and sales of timber woods and agricultural products in the PRC. Its segments include the Particleboards segment, which generates maximum revenue and is engaged in the manufacturing and selling of particleboards in the PRC, and the Forestry segment, which is engaged in timber logging, plantation, and sales of timber woods and agricultural products in the PRC. The Group's operations are located in the PRC, and all of its revenue is generated from the PRC.
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