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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 Ligitek Electronics Co's 9-Day RSI or its related term are showing as below:
ROCO:8111's 9-Day RSI is ranked worse than 96.64% of 2528
companies
in the Hardware industry
Industry Median: 38.09
vs ROCO:8111: 70.39
Ligitek Electronics Co (ROCO:8111) 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.
Ligitek Electronics Co 9-Day RSI Related Terms
ROCO:8111 vs APH, GLW, TEL: 9-Day RSI Comparison
For the Electronic Components subindustry, Ligitek 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.
Ligitek Electronics Co 9-Day RSI vs Hardware Industry
For the Hardware industry and Technology sector, Ligitek Electronics Co's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Ligitek Electronics Co's 9-Day RSI falls into.
Ligitek Electronics Co (ROCO:8111) 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.
Ligitek Electronics Co (ROCO:8111) has a 9-Day RSI of 70.39 as of Jul. 29, 2026. According to the industry distribution chart, Ligitek Electronics Co ranks #2443 out of 2528 companies in the Hardware industry, placing it in the top 96.6%.
Is Ligitek Electronics Co's 9-Day RSI too high?
Ligitek Electronics Co's current 9-Day RSI is 70.39. The Hardware industry median 9-Day RSI is 38.09. Ligitek Electronics Co's value of 70.39 is 84.8% above this industry median. Based on the distribution chart, Ligitek Electronics Co ranks #2443 out of 2528 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Ligitek Electronics Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ligitek Electronics Co's 9-Day RSI compare to APH and GLW?
According to the Hardware industry distribution chart, Ligitek Electronics Co ranks #2443 out of 2528 companies for 9-Day RSI. This places Ligitek Electronics Co in the lower half of its industry. The industry median 9-Day RSI is 38.09. Ligitek Electronics Co's value of 70.39 is 84.8% 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 Hardware company?
The median 9-Day RSI among Hardware companies is 38.09, 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. Ligitek Electronics Co's current 9-Day RSI of 70.39 is 84.8% 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 Hardware industry, the median 9-Day RSI is 38.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ligitek Electronics Co's current 9-Day RSI is 70.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ligitek Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Ligitek Electronics Co (ROCO:8111) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$45.69, compared to a current price of NT$62.60 — trading 37% above its estimated fair value. The current 9-Day RSI is 70.39 and 84.8% above the Hardware industry median of 38.09. Ligitek Electronics Co's overall GF Score™ is 65/100 with 7 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 Ligitek Electronics Co (ROCO:8111), the current 9-Day RSI is 70.39 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 Ligitek Electronics Co (ROCO:8111) Overvalued in 2026?
Based on GuruFocus' analysis, Ligitek Electronics Co stock appears to be overvalued.
The current stock price of NT$62.60 is trading 37% above its estimated GF Value™ of NT$45.69.
GuruFocus considers Ligitek Electronics Co to be Significantly Overvalued.
Key valuation signals for ROCO:8111:
9-Day RSI: 70.39
GF Value™: NT$45.69 vs. price of NT$62.60 (37% above fair value)
Industry Position: 84.8% above the Hardware median (#2443 of 2528)
No single metric tells the full story. See the ROCO:8111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ligitek Electronics Co Ltd engages in manufacturing, processing and trading of various electronic components like Light Emitting Diodes, monitors, along with import/export trading, agent, distribution, bidding and quotation businesses of the above related products and raw materials. It offers LED components, LED backlights and displays, and light bars, leads, PCBs, and reflectors for SMD; and automotive, invisible, super bright, and special LEDs. The geographical markets of the group are Taiwan, the Americas, Europe, Asia, and Others. The firm generates the majority of its revenue from Taiwan. The company's segment includes the LED First Business Unit, which derives the majority of revenue, the LED Second Business Unit, and the Other Unit.
65GF Score
Get the complete analysis for ROCO:8111
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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