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.
Margun Enerji Uretimnayi Ve Ticaret AS (IST:MAGEN) 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.
Margun Enerji Uretimnayi Ve Ticaret AS 9-Day RSI Related Terms
Margun Enerji Uretimnayi Ve Ticaret AS 9-Day RSI Competitor Comparison
For the Utilities - Renewable subindustry, Margun Enerji Uretimnayi Ve Ticaret AS'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.
Margun Enerji Uretimnayi Ve Ticaret AS 9-Day RSI vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Margun Enerji Uretimnayi Ve Ticaret AS's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Margun Enerji Uretimnayi Ve Ticaret AS's 9-Day RSI falls into.
Margun Enerji Uretimnayi Ve Ticaret AS (IST:MAGEN) 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.
Margun Enerji Uretimnayi Ve Ticaret AS (IST:MAGEN) has a 9-Day RSI of 34.57 as of Jul. 10, 2026. According to the industry distribution chart, Margun Enerji Uretimnayi Ve Ticaret AS ranks #256 out of 551 companies in the Utilities - Independent Power Producers industry, placing it in the top 46.5%.
Is Margun Enerji Uretimnayi Ve Ticaret AS's 9-Day RSI too high?
Margun Enerji Uretimnayi Ve Ticaret AS's current 9-Day RSI is 34.57. The Utilities - Independent Power Producers industry median 9-Day RSI is 40.52. Margun Enerji Uretimnayi Ve Ticaret AS's value of 34.57 is 14.7% below this industry median. Based on the distribution chart, Margun Enerji Uretimnayi Ve Ticaret AS ranks #256 out of 551 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Margun Enerji Uretimnayi Ve Ticaret AS has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Margun Enerji Uretimnayi Ve Ticaret AS's 9-Day RSI compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Margun Enerji Uretimnayi Ve Ticaret AS ranks #256 out of 551 companies for 9-Day RSI. This puts Margun Enerji Uretimnayi Ve Ticaret AS in the upper half of its industry. The industry median 9-Day RSI is 40.52. Margun Enerji Uretimnayi Ve Ticaret AS's value of 34.57 is 14.7% 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 Utilities - Independent Power Producers company?
The median 9-Day RSI among Utilities - Independent Power Producers companies is 40.52, based on 551 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. Margun Enerji Uretimnayi Ve Ticaret AS's current 9-Day RSI of 34.57 is 14.7% 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 Utilities - Independent Power Producers industry, the median 9-Day RSI is 40.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Margun Enerji Uretimnayi Ve Ticaret AS's current 9-Day RSI is 34.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Margun Enerji Uretimnayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Margun Enerji Uretimnayi Ve Ticaret AS (IST:MAGEN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺12.89, compared to a current price of ₺32.60 — trading 152.9% above its estimated fair value. The current 9-Day RSI is 34.57 and 14.7% below the Utilities - Independent Power Producers industry median of 40.52. Margun Enerji Uretimnayi Ve Ticaret AS's overall GF Score™ is 53/100 with 9 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 Margun Enerji Uretimnayi Ve Ticaret AS (IST:MAGEN), the current 9-Day RSI is 34.57 as of Jul. 10, 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 Margun Enerji Uretimnayi Ve Ticaret AS (IST:MAGEN) Overvalued in 2026?
Based on GuruFocus' analysis, Margun Enerji Uretimnayi Ve Ticaret AS stock appears to be overvalued.
The current stock price of ₺32.60 is trading 152.9% above its estimated GF Value™ of ₺12.89.
GuruFocus considers Margun Enerji Uretimnayi Ve Ticaret AS to be Significantly Overvalued.
Key valuation signals for IST:MAGEN:
9-Day RSI: 34.57
GF Value™: ₺12.89 vs. price of ₺32.60 (152.9% above fair value)
Industry Position: 14.7% below the Utilities - Independent Power Producers median (#256 of 551)
No single metric tells the full story. See the IST:MAGEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Margun Enerji Uretimnayi Ve Ticaret AS Business Description
Margun Enerji Uretim Sanayi Ve Ticaret AS operates in the establishment and commissioning of power plants to generate electricity from renewable energy sources, primarily solar energy, electric power generation, establishment and contracting of power generation facilities. Its project development activities are located in Europe mainly in Spain, Italy, Germany, Netherlands, Romania, Greece, in United Kingdom and the United States.
53GF Score
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