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.
NSE:DEVIT's 9-Day RSI is ranked better than 73.28% of 2923
companies
in the Software industry
Industry Median: 41.93
vs NSE:DEVIT: 31.74
Dev Information Technology (NSE:DEVIT) 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.
Dev Information Technology 9-Day RSI Related Terms
NSE:DEVIT vs IBM, ACN, FISV: 9-Day RSI Comparison
For the Information Technology Services subindustry, Dev Information Technology'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.
Dev Information Technology 9-Day RSI vs Software Industry
For the Software industry and Technology sector, Dev Information Technology's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Dev Information Technology's 9-Day RSI falls into.
Dev Information Technology (NSE:DEVIT) 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.
Dev Information Technology (NSE:DEVIT) has a 9-Day RSI of 31.74 as of Jun. 29, 2026. According to the industry distribution chart, Dev Information Technology ranks #781 out of 2923 companies in the Software industry, placing it in the top 26.7%.
Is Dev Information Technology's 9-Day RSI too high?
Dev Information Technology's current 9-Day RSI is 31.74. The Software industry median 9-Day RSI is 41.93. Dev Information Technology's value of 31.74 is 24.3% below this industry median. Based on the distribution chart, Dev Information Technology ranks #781 out of 2923 companies in the Software industry, which is above the industry midpoint. Overall, Dev Information Technology has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dev Information Technology's 9-Day RSI compare to IBM and ACN?
According to the Software industry distribution chart, Dev Information Technology ranks #781 out of 2923 companies for 9-Day RSI. This puts Dev Information Technology in the upper half of its industry. The industry median 9-Day RSI is 41.93. Dev Information Technology's value of 31.74 is 24.3% 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 a Software company?
The median 9-Day RSI among Software companies is 41.93, based on 2,923 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. Dev Information Technology's current 9-Day RSI of 31.74 is 24.3% 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 Software industry, the median 9-Day RSI is 41.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dev Information Technology's current 9-Day RSI is 31.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dev Information Technology stock overvalued right now?
Based on GuruFocus' analysis, Dev Information Technology (NSE:DEVIT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹56.58, compared to a current price of ₹26.27 — trading 53.6% below its estimated fair value. The current 9-Day RSI is 31.74 and 24.3% below the Software industry median of 41.93. Dev Information Technology's overall GF Score™ is 69/100 with 4 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 Dev Information Technology (NSE:DEVIT), the current 9-Day RSI is 31.74 as of Jun. 29, 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 Dev Information Technology (NSE:DEVIT) Overvalued in 2026?
Based on GuruFocus' analysis, Dev Information Technology stock appears to be undervalued.
The current stock price of ₹26.27 is trading 53.6% below its estimated GF Value™ of ₹56.58.
GuruFocus considers Dev Information Technology to be Possible Value Trap.
Key valuation signals for NSE:DEVIT:
9-Day RSI: 31.74
GF Value™: ₹56.58 vs. price of ₹26.27 (53.6% below fair value)
Industry Position: 24.3% below the Software median (#781 of 2923)
No single metric tells the full story. See the NSE:DEVIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dev Information Technology Ltd is engaged in providing information technology solutions and consultancy services in India. It offers advisory, architecture, implementation, and support services. The company provides various services namely enterprise applications and mobility, infrastructure management, cloud computing, digital services and licensing among others. It operates in a single segment being IT and IT enabled services.
69GF Score
Get the complete analysis for NSE:DEVIT
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:DEVIT has been successfully added to your 