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.
IST:FORMT's 9-Day RSI is ranked worse than 50.61% of 1881
companies
in the Construction industry
Industry Median: 45.8
vs IST:FORMT: 45.93
Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) 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.
Formet Metal Ve Camnayi Anonim Sirketi 9-Day RSI Related Terms
IST:FORMT vs TT, JCI, CARR: 9-Day RSI Comparison
For the Building Products & Equipment subindustry, Formet Metal Ve Camnayi Anonim Sirketi'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.
Formet Metal Ve Camnayi Anonim Sirketi 9-Day RSI vs Construction Industry
Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) 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.
Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) has a 9-Day RSI of 45.93 as of Jun. 30, 2026. According to the industry distribution chart, Formet Metal Ve Camnayi Anonim Sirketi ranks #952 out of 1881 companies in the Construction industry, placing it in the top 50.6%.
Is Formet Metal Ve Camnayi Anonim Sirketi's 9-Day RSI too high?
Formet Metal Ve Camnayi Anonim Sirketi's current 9-Day RSI is 45.93. The Construction industry median 9-Day RSI is 45.80. Formet Metal Ve Camnayi Anonim Sirketi's value of 45.93 is 0.3% above this industry median. Based on the distribution chart, Formet Metal Ve Camnayi Anonim Sirketi ranks #952 out of 1881 companies in the Construction industry, which is below the industry midpoint. Overall, Formet Metal Ve Camnayi Anonim Sirketi has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Formet Metal Ve Camnayi Anonim Sirketi's 9-Day RSI compare to TT and JCI?
According to the Construction industry distribution chart, Formet Metal Ve Camnayi Anonim Sirketi ranks #952 out of 1881 companies for 9-Day RSI. This places Formet Metal Ve Camnayi Anonim Sirketi in the lower half of its industry. The industry median 9-Day RSI is 45.80. Formet Metal Ve Camnayi Anonim Sirketi's value of 45.93 is 0.3% 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 Construction company?
The median 9-Day RSI among Construction companies is 45.80, based on 1,881 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. Formet Metal Ve Camnayi Anonim Sirketi's current 9-Day RSI of 45.93 is 0.3% 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 Construction industry, the median 9-Day RSI is 45.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formet Metal Ve Camnayi Anonim Sirketi's current 9-Day RSI is 45.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formet Metal Ve Camnayi Anonim Sirketi stock overvalued right now?
Based on GuruFocus' analysis, Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺2.65, compared to a current price of ₺2.22 — trading 16.2% below its estimated fair value. The current 9-Day RSI is 45.93 and 0.3% above the Construction industry median of 45.80. Formet Metal Ve Camnayi Anonim Sirketi's overall GF Score™ is 62/100 with 6 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 Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT), the current 9-Day RSI is 45.93 as of Jun. 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 Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) Overvalued in 2026?
Based on GuruFocus' analysis, Formet Metal Ve Camnayi Anonim Sirketi stock appears to be undervalued.
The current stock price of ₺2.22 is trading 16.2% below its estimated GF Value™ of ₺2.65.
GuruFocus considers Formet Metal Ve Camnayi Anonim Sirketi to be Modestly Undervalued.
Key valuation signals for IST:FORMT:
9-Day RSI: 45.93
GF Value™: ₺2.65 vs. price of ₺2.22 (16.2% below fair value)
Industry Position: 0.3% above the Construction median (#952 of 1881)
No single metric tells the full story. See the IST:FORMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Formet Metal Ve Camnayi Anonim Sirketi Business Description
Formet Metal Ve Cam Sanayi Anonim Sirketi manufactures and sells steel doors. It offers products such as Panel Series, Neo Series, Eko Series, and others. The company also provides various accessories such as Knob 204, Knob 208, Kumru 1301 Gold, and other related accessories.
62GF Score
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