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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.
Song Shang Electronics Co (ROCO:6156) 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.
Song Shang Electronics Co 9-Day RSI Related Terms
ROCO:6156 vs APH, GLW, TEL: 9-Day RSI Comparison
For the Electronic Components subindustry, Song Shang Electronics 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.
Song Shang Electronics Co 9-Day RSI vs Hardware Industry
For the Hardware industry and Technology sector, Song Shang Electronics Co's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Song Shang Electronics Co's 9-Day RSI falls into.
Song Shang Electronics Co (ROCO:6156) 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.
Song Shang Electronics Co (ROCO:6156) has a 9-Day RSI of 36.10 as of Aug. 06, 2026. According to the industry distribution chart, Song Shang Electronics Co ranks #611 out of 2528 companies in the Hardware industry, placing it in the top 24.2%.
Is Song Shang Electronics Co's 9-Day RSI too high?
Song Shang Electronics Co's current 9-Day RSI is 36.10. The Hardware industry median 9-Day RSI is 52.83. Song Shang Electronics Co's value of 36.10 is 31.7% below this industry median. Based on the distribution chart, Song Shang Electronics Co ranks #611 out of 2528 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Song Shang Electronics Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Song Shang Electronics Co's 9-Day RSI compare to APH and GLW?
According to the Hardware industry distribution chart, Song Shang Electronics Co ranks #611 out of 2528 companies for 9-Day RSI. This places Song Shang Electronics Co in the top 24% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 52.83. Song Shang Electronics Co's value of 36.10 is 31.7% 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 a Hardware company?
The median 9-Day RSI among Hardware companies is 52.83, based on 2,528 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. Song Shang Electronics Co's current 9-Day RSI of 36.10 is 31.7% 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 Hardware industry, the median 9-Day RSI is 52.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Song Shang Electronics Co's current 9-Day RSI is 36.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Shang Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Song Shang Electronics Co (ROCO:6156) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$24.63, compared to a current price of NT$20.70 — trading 16% below its estimated fair value. The current 9-Day RSI is 36.10 and 31.7% below the Hardware industry median of 52.83. Song Shang Electronics Co's overall GF Score™ is 64/100 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 Song Shang Electronics Co (ROCO:6156), the current 9-Day RSI is 36.10 as of Aug. 06, 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 Song Shang Electronics Co (ROCO:6156) Overvalued in 2026?
Based on GuruFocus' analysis, Song Shang Electronics Co stock appears to be undervalued.
The current stock price of NT$20.70 is trading 16% below its estimated GF Value™ of NT$24.63.
GuruFocus considers Song Shang Electronics Co to be Modestly Undervalued.
Key valuation signals for ROCO:6156:
9-Day RSI: 36.10
GF Value™: NT$24.63 vs. price of NT$20.70 (16% below fair value)
Industry Position: 31.7% below the Hardware median (#611 of 2528)
No single metric tells the full story. See the ROCO:6156 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Song Shang Electronics Co Ltd is engaged in the production and sales of electronic components and related products. Its products include transformers, magnetic components, printed circuit boards, filters, and inductors, which are mainly used in various power supplies such as Adapter, Led TVs, Lcd TVs, chargers, Game Console, Desktop, Monitor, Printer, Lighting, and communication. It operates in two segments. PCB Segment is responsible for the production and sales of printed circuit boards. Transformer Segment: This segment is responsible for producing and selling transformers and resistors.
64GF Score
Get the complete analysis for ROCO:6156
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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