New Horizon AircraftHOVR +0.28%14 9-Day RSI is 32.44 as of Jul. 11, 2026. GuruFocus rates HOVR with a GF Score™ of 14/100. The stock has 2 warning signs investors should review. Among 365 Aerospace & Defense companies, New Horizon Aircraft ranks better than 84.66% 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.
The industry rank for New Horizon Aircraft's 9-Day RSI or its related term are showing as below:
HOVR's 9-Day RSI is ranked better than 84.66% of 365
companies
in the Aerospace & Defense industry
Industry Median: 44.44
vs HOVR: 32.44
New Horizon Aircraft (NAS:HOVR) 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.
New Horizon Aircraft 9-Day RSI Related Terms
HOVR vs VWAV, CODA, BYRN: 9-Day RSI Comparison
For the Aerospace & Defense subindustry, New Horizon Aircraft'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.
New Horizon Aircraft 9-Day RSI vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, New Horizon Aircraft's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where New Horizon Aircraft's 9-Day RSI falls into.
New Horizon Aircraft (NAS:HOVR) 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.
New Horizon Aircraft (HOVR) has a 9-Day RSI of 32.44 as of Jul. 11, 2026. According to the industry distribution chart, New Horizon Aircraft ranks #56 out of 365 companies in the Aerospace & Defense industry, placing it in the top 15.3%.
Is New Horizon Aircraft's 9-Day RSI too high?
New Horizon Aircraft's current 9-Day RSI is 32.44. The Aerospace & Defense industry median 9-Day RSI is 44.44. New Horizon Aircraft's value of 32.44 is 27% below this industry median. Based on the distribution chart, New Horizon Aircraft ranks #56 out of 365 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, New Horizon Aircraft has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does New Horizon Aircraft's 9-Day RSI compare to VWAV and CODA?
According to the Aerospace & Defense industry distribution chart, New Horizon Aircraft ranks #56 out of 365 companies for 9-Day RSI. This places New Horizon Aircraft in the top 15% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 44.44. New Horizon Aircraft's value of 32.44 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 an Aerospace & Defense company?
The median 9-Day RSI among Aerospace & Defense companies is 44.44, based on 365 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. New Horizon Aircraft's current 9-Day RSI of 32.44 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 Aerospace & Defense industry, the median 9-Day RSI is 44.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Horizon Aircraft's current 9-Day RSI is 32.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Horizon Aircraft stock overvalued right now?
New Horizon Aircraft (HOVR) has a current 9-Day RSI of 32.44. The current 9-Day RSI is 32.44 and 27% below the Aerospace & Defense industry median of 44.44. New Horizon Aircraft's overall GF Score™ is 14/100 with 2 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 New Horizon Aircraft (HOVR), the current 9-Day RSI is 32.44 as of Jul. 11, 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.
New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and building a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities, and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, floods, and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.
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