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 Honyi International Co's 9-Day RSI or its related term are showing as below:
ROCO:4530's 9-Day RSI is ranked worse than 75.75% of 3122
companies
in the Industrial Products industry
Industry Median: 40.27
vs ROCO:4530: 50.15
Honyi International Co (ROCO:4530) 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.
Honyi International Co 9-Day RSI Related Terms
ROCO:4530 vs CRS, ATI, MLI: 9-Day RSI Comparison
For the Metal Fabrication subindustry, Honyi International Co'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.
Honyi International Co 9-Day RSI vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Honyi International Co's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Honyi International Co's 9-Day RSI falls into.
Honyi International Co (ROCO:4530) 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.
Honyi International Co (ROCO:4530) has a 9-Day RSI of 50.15 as of Jul. 09, 2026. According to the industry distribution chart, Honyi International Co ranks #2365 out of 3122 companies in the Industrial Products industry, placing it in the top 75.8%.
Is Honyi International Co's 9-Day RSI too high?
Honyi International Co's current 9-Day RSI is 50.15. The Industrial Products industry median 9-Day RSI is 40.27. Honyi International Co's value of 50.15 is 24.5% above this industry median. Based on the distribution chart, Honyi International Co ranks #2365 out of 3122 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Honyi International Co has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Honyi International Co's 9-Day RSI compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Honyi International Co ranks #2365 out of 3122 companies for 9-Day RSI. This places Honyi International Co in the lower half of its industry. The industry median 9-Day RSI is 40.27. Honyi International Co's value of 50.15 is 24.5% 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 an Industrial Products company?
The median 9-Day RSI among Industrial Products companies is 40.27, based on 3,122 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. Honyi International Co's current 9-Day RSI of 50.15 is 24.5% 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 Industrial Products industry, the median 9-Day RSI is 40.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honyi International Co's current 9-Day RSI is 50.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honyi International Co stock overvalued right now?
Based on GuruFocus' analysis, Honyi International Co (ROCO:4530) is currently considered Possible Value Trap. The stock's GF Value™ is NT$41.19, compared to a current price of NT$26.05 — trading 36.8% below its estimated fair value. The current 9-Day RSI is 50.15 and 24.5% above the Industrial Products industry median of 40.27. Honyi International Co's overall GF Score™ is 63/100 with 1 warning sign 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 Honyi International Co (ROCO:4530), the current 9-Day RSI is 50.15 as of Jul. 09, 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 Honyi International Co (ROCO:4530) Overvalued in 2026?
Based on GuruFocus' analysis, Honyi International Co stock appears to be undervalued.
The current stock price of NT$26.05 is trading 36.8% below its estimated GF Value™ of NT$41.19.
GuruFocus considers Honyi International Co to be Possible Value Trap.
Key valuation signals for ROCO:4530:
9-Day RSI: 50.15
GF Value™: NT$41.19 vs. price of NT$26.05 (36.8% below fair value)
Industry Position: 24.5% above the Industrial Products median (#2365 of 3122)
No single metric tells the full story. See the ROCO:4530 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Honyi International Co Ltd is engaged in processing and trading of metal forging, treatment of wastewater and sewage, wholesale of industrial additives, and construction of environmental protection engineering projects. Its segments include catering segment, metal forging and processing segment, environmental engineering segment, and other segments. The majority of the revenue is derived from the environmental engineering segment.
63GF Score
Get the complete analysis for ROCO:4530
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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