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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 Horizon Securities Co's 9-Day RSI or its related term are showing as below:
ROCO:6015's 9-Day RSI is ranked better than 89.24% of 846
companies
in the Capital Markets industry
Industry Median: 45.035
vs ROCO:6015: 27.32
Horizon Securities Co (ROCO:6015) 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.
Horizon Securities Co 9-Day RSI Related Terms
ROCO:6015 vs MS, GS, SCHW: 9-Day RSI Comparison
For the Capital Markets subindustry, Horizon Securities 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.
Horizon Securities Co 9-Day RSI vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Horizon Securities Co's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Horizon Securities Co's 9-Day RSI falls into.
Horizon Securities Co (ROCO:6015) 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.
Horizon Securities Co (ROCO:6015) has a 9-Day RSI of 27.32 as of Jul. 29, 2026. According to the industry distribution chart, Horizon Securities Co ranks #91 out of 846 companies in the Capital Markets industry, placing it in the top 10.8%.
Is Horizon Securities Co's 9-Day RSI too high?
Horizon Securities Co's current 9-Day RSI is 27.32. The Capital Markets industry median 9-Day RSI is 45.04. Horizon Securities Co's value of 27.32 is 39.3% below this industry median. Based on the distribution chart, Horizon Securities Co ranks #91 out of 846 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Horizon Securities Co has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Horizon Securities Co's 9-Day RSI compare to MS and GS?
According to the Capital Markets industry distribution chart, Horizon Securities Co ranks #91 out of 846 companies for 9-Day RSI. This places Horizon Securities Co in the top 11% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 45.04. Horizon Securities Co's value of 27.32 is 39.3% 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 Capital Markets company?
The median 9-Day RSI among Capital Markets companies is 45.04, based on 846 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. Horizon Securities Co's current 9-Day RSI of 27.32 is 39.3% 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 Capital Markets industry, the median 9-Day RSI is 45.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horizon Securities Co's current 9-Day RSI is 27.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Horizon Securities Co (ROCO:6015) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$13.28, compared to a current price of NT$15.20 — trading 14.5% above its estimated fair value. The current 9-Day RSI is 27.32 and 39.3% below the Capital Markets industry median of 45.04. Horizon Securities Co's overall GF Score™ is 54/100 with 8 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 Horizon Securities Co (ROCO:6015), the current 9-Day RSI is 27.32 as of Jul. 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 Horizon Securities Co (ROCO:6015) Overvalued in 2026?
Based on GuruFocus' analysis, Horizon Securities Co stock appears to be overvalued.
The current stock price of NT$15.20 is trading 14.5% above its estimated GF Value™ of NT$13.28.
GuruFocus considers Horizon Securities Co to be Modestly Overvalued.
Key valuation signals for ROCO:6015:
9-Day RSI: 27.32
GF Value™: NT$13.28 vs. price of NT$15.20 (14.5% above fair value)
Industry Position: 39.3% below the Capital Markets median (#91 of 846)
No single metric tells the full story. See the ROCO:6015 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Horizon Securities Co Ltd is a Taiwan-based company that is engaged in providing various financial products and services. The company classifies operating units based on different business and services and is divided into the following five reporting and operations departments: Proprietary segment, Brokerage segment, Underwriting segment, Bond segment, and Derivatives segment. The majority of revenue is derived from the Brokerage segment, which is mainly responsible for brokerage and proprietary trading of securities.
54GF Score
Get the complete analysis for ROCO:6015
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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