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.
As of today (2026-07-07), Race Eco Chain's 9-Day RSI is 60.23.
The industry rank for Race Eco Chain's 9-Day RSI or its related term are showing as below:
NSE:RACE's 9-Day RSI is ranked worse than 58.17% of 263
companies
in the Waste Management industry
Industry Median: 47.27
vs NSE:RACE: 60.23
Race Eco Chain (NSE:RACE) 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.
Race Eco Chain 9-Day RSI Related Terms
NSE:RACE vs WM, RSG, WCN: 9-Day RSI Comparison
For the Waste Management subindustry, Race Eco Chain'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.
Race Eco Chain 9-Day RSI vs Waste Management Industry
For the Waste Management industry and Industrials sector, Race Eco Chain's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Race Eco Chain's 9-Day RSI falls into.
* 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.
Race Eco Chain (NSE:RACE) has a 9-Day RSI of 60.23 as of Jul. 07, 2026. According to the industry distribution chart, Race Eco Chain ranks #153 out of 263 companies in the Waste Management industry, placing it in the top 58.2%.
Is Race Eco Chain's 9-Day RSI too high?
Race Eco Chain's current 9-Day RSI is 60.23. The Waste Management industry median 9-Day RSI is 47.27. Race Eco Chain's value of 60.23 is 27.4% above this industry median. Based on the distribution chart, Race Eco Chain ranks #153 out of 263 companies in the Waste Management industry, which is below the industry midpoint. Overall, Race Eco Chain has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Race Eco Chain's 9-Day RSI compare to WM and RSG?
According to the Waste Management industry distribution chart, Race Eco Chain ranks #153 out of 263 companies for 9-Day RSI. This places Race Eco Chain in the lower half of its industry. The industry median 9-Day RSI is 47.27. Race Eco Chain's value of 60.23 is 27.4% 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 Waste Management company?
The median 9-Day RSI among Waste Management companies is 47.27, based on 263 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. Race Eco Chain's current 9-Day RSI of 60.23 is 27.4% 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 Waste Management industry, the median 9-Day RSI is 47.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Race Eco Chain's current 9-Day RSI is 60.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Race Eco Chain stock overvalued right now?
Based on GuruFocus' analysis, Race Eco Chain (NSE:RACE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹554.56, compared to a current price of ₹114.00 — trading 79.4% below its estimated fair value. The current 9-Day RSI is 60.23 and 27.4% above the Waste Management industry median of 47.27. Race Eco Chain's overall GF Score™ is 80/100 with 3 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 Race Eco Chain (NSE:RACE), the current 9-Day RSI is 60.23 as of Jul. 07, 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 Race Eco Chain (NSE:RACE) Overvalued in 2026?
Based on GuruFocus' analysis, Race Eco Chain stock appears to be undervalued.
The current stock price of ₹114.00 is trading 79.4% below its estimated GF Value™ of ₹554.56.
GuruFocus considers Race Eco Chain to be Significantly Undervalued.
Key valuation signals for NSE:RACE:
9-Day RSI: 60.23
GF Value™: ₹554.56 vs. price of ₹114.00 (79.4% below fair value)
Industry Position: 27.4% above the Waste Management median (#153 of 263)
No single metric tells the full story. See the NSE:RACE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Race Eco Chain Ltd is engaged in the collection and supply of recyclable waste to recyclers who eventually convert the waste into useful products. It is also involved in the manufacturing of recycled products. The company's segments are Recycle Division; Restore Division; Biomass Division and It Division. It generates the majority of its revenue from the Recycle Division.
80GF Score
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9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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