Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Asia Grocery DistributionHKSE:08413 +17.24% 9-Day RSI is 88.37 as of Aug. 30, 2026. The stock has 1 warning sign investors should review. Among 325 Retail - Defensive companies, Asia Grocery Distribution ranks worse than 97.85% 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.
Asia Grocery Distribution (HKSE:08413) 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.
Asia Grocery Distribution 9-Day RSI Related Terms
HKSE:08413 vs SYY, USFD, PFGC: 9-Day RSI Comparison
For the Food Distribution subindustry, Asia Grocery Distribution'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.
Asia Grocery Distribution 9-Day RSI vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Asia Grocery Distribution's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Asia Grocery Distribution's 9-Day RSI falls into.
Asia Grocery Distribution (HKSE:08413) 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.
Asia Grocery Distribution (HKSE:08413) has a 9-Day RSI of 88.37 as of Aug. 30, 2026. According to the industry distribution chart, Asia Grocery Distribution ranks #318 out of 325 companies in the Retail - Defensive industry, placing it in the top 97.8%.
Is Asia Grocery Distribution's 9-Day RSI too high?
Asia Grocery Distribution's current 9-Day RSI is 88.37. The Retail - Defensive industry median 9-Day RSI is 49.41. Asia Grocery Distribution's value of 88.37 is 78.9% above this industry median. Based on the distribution chart, Asia Grocery Distribution ranks #318 out of 325 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers.
How does Asia Grocery Distribution's 9-Day RSI compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Asia Grocery Distribution ranks #318 out of 325 companies for 9-Day RSI. This places Asia Grocery Distribution in the lower half of its industry. The industry median 9-Day RSI is 49.41. Asia Grocery Distribution's value of 88.37 is 78.9% 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 Retail - Defensive company?
The median 9-Day RSI among Retail - Defensive companies is 49.41, based on 325 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. Asia Grocery Distribution's current 9-Day RSI of 88.37 is 78.9% 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 Retail - Defensive industry, the median 9-Day RSI is 49.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Grocery Distribution's current 9-Day RSI is 88.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Grocery Distribution stock overvalued right now?
Based on GuruFocus' analysis, Asia Grocery Distribution (HKSE:08413) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$0.07 — trading 43.3% below its estimated fair value. The current 9-Day RSI is 88.37 and 78.9% above the Retail - Defensive industry median of 49.41. 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 Asia Grocery Distribution (HKSE:08413), the current 9-Day RSI is 88.37 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.
Asia Grocery Distribution Ltd is engaged in distributing food and beverage groceries to a wide array of customers, including restaurants, non-commercial dining establishments, hotels, private clubs, food processing operators, and wholesalers in Hong Kong. It also offers Kitchen and hygiene products, including food wrap and food-related products such as cling film, baking sheet, and foil, cleaning products such as detergent, bleach, and liquid soap, and others such as tissue paper, toothpicks, and towels, hygiene products such as face masks and gloves. The company distributes its products to Hong Kong, China, Greece, and Italy.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:08413 has been successfully added to your 
