Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
ROCO:8043's 9-Day RSI is ranked better than 81.6% of 2527
companies
in the Hardware industry
Industry Median: 40.52
vs ROCO:8043: 31.32
Honey Hope Honesty Enterprise Co (ROCO:8043) 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.
Honey Hope Honesty Enterprise Co 9-Day RSI Related Terms
ROCO:8043 vs APH, GLW: 9-Day RSI Comparison
For the Electronic Components subindustry, Honey Hope Honesty Enterprise 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.
Honey Hope Honesty Enterprise Co 9-Day RSI vs Hardware Industry
For the Hardware industry and Technology sector, Honey Hope Honesty Enterprise Co's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Honey Hope Honesty Enterprise Co's 9-Day RSI falls into.
Honey Hope Honesty Enterprise Co (ROCO:8043) 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.
Honey Hope Honesty Enterprise Co (ROCO:8043) has a 9-Day RSI of 31.32 as of Jul. 15, 2026. According to the industry distribution chart, Honey Hope Honesty Enterprise Co ranks #465 out of 2527 companies in the Hardware industry, placing it in the top 18.4%.
Is Honey Hope Honesty Enterprise Co's 9-Day RSI too high?
Honey Hope Honesty Enterprise Co's current 9-Day RSI is 31.32. The Hardware industry median 9-Day RSI is 40.52. Honey Hope Honesty Enterprise Co's value of 31.32 is 22.7% below this industry median. Based on the distribution chart, Honey Hope Honesty Enterprise Co ranks #465 out of 2527 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Honey Hope Honesty Enterprise Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Honey Hope Honesty Enterprise Co's 9-Day RSI compare to APH and GLW?
According to the Hardware industry distribution chart, Honey Hope Honesty Enterprise Co ranks #465 out of 2527 companies for 9-Day RSI. This places Honey Hope Honesty Enterprise Co in the top 18% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 40.52. Honey Hope Honesty Enterprise Co's value of 31.32 is 22.7% 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 40.52, based on 2,527 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. Honey Hope Honesty Enterprise Co's current 9-Day RSI of 31.32 is 22.7% 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 40.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honey Hope Honesty Enterprise Co's current 9-Day RSI is 31.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honey Hope Honesty Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Honey Hope Honesty Enterprise Co (ROCO:8043) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$28.99, compared to a current price of NT$154.50 — trading 432.9% above its estimated fair value. The current 9-Day RSI is 31.32 and 22.7% below the Hardware industry median of 40.52. Honey Hope Honesty Enterprise Co's overall GF Score™ is 50/100 with 5 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 Honey Hope Honesty Enterprise Co (ROCO:8043), the current 9-Day RSI is 31.32 as of Jul. 15, 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 Honey Hope Honesty Enterprise Co (ROCO:8043) Overvalued in 2026?
Based on GuruFocus' analysis, Honey Hope Honesty Enterprise Co stock appears to be overvalued.
The current stock price of NT$154.50 is trading 432.9% above its estimated GF Value™ of NT$28.99.
GuruFocus considers Honey Hope Honesty Enterprise Co to be Significantly Overvalued.
Key valuation signals for ROCO:8043:
9-Day RSI: 31.32
GF Value™: NT$28.99 vs. price of NT$154.50 (432.9% above fair value)
Industry Position: 22.7% below the Hardware median (#465 of 2527)
No single metric tells the full story. See the ROCO:8043 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Honey Hope Honesty Enterprise Co Business Description
Honey Hope Honesty Enterprise Co Ltd is engaged in the distribution of professional electronic components. The company focuses in general import and export (excluding futures), trading of electronic parts, agency for the distribution, quotation and bidding of domestic and foreign manufacturers' products in Taiwan and Asia. It distributes multilayer capacitors, chip inductors, chip Pai Yung, High-Frequency Chip Inductors, and others. The company's segments include: Taiwan; and Asia; and Others, of which it derives maximum revenue from Asia and Others.
50GF Score
Get the complete analysis for ROCO:8043
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
ROCO:8043 has been successfully added to your 
