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.
SHANF's 9-Day RSI is ranked worse than 57.9% of 1050
companies
in the Oil & Gas industry
Industry Median: 49.43
vs SHANF: 4.52
Shandong Molong Petroleum Machinery Co (OTCPK:SHANF) 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.
Shandong Molong Petroleum Machinery Co 9-Day RSI Related Terms
SHANF vs SLB, BKR, HAL: 9-Day RSI Comparison
For the Oil & Gas Equipment & Services subindustry, Shandong Molong Petroleum Machinery 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.
Shandong Molong Petroleum Machinery Co 9-Day RSI vs Oil & Gas Industry
Shandong Molong Petroleum Machinery Co (OTCPK:SHANF) 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.
Shandong Molong Petroleum Machinery Co (SHANF) has a 9-Day RSI of 4.52 as of Jul. 09, 2026. According to the industry distribution chart, Shandong Molong Petroleum Machinery Co ranks #608 out of 1050 companies in the Oil & Gas industry, placing it in the top 57.9%.
Is Shandong Molong Petroleum Machinery Co's 9-Day RSI too high?
Shandong Molong Petroleum Machinery Co's current 9-Day RSI is 4.52. The Oil & Gas industry median 9-Day RSI is 49.43. Shandong Molong Petroleum Machinery Co's value of 4.52 is 90.9% below this industry median. Based on the distribution chart, Shandong Molong Petroleum Machinery Co ranks #608 out of 1050 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Shandong Molong Petroleum Machinery Co has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Shandong Molong Petroleum Machinery Co's 9-Day RSI compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Shandong Molong Petroleum Machinery Co ranks #608 out of 1050 companies for 9-Day RSI. This places Shandong Molong Petroleum Machinery Co in the lower half of its industry. The industry median 9-Day RSI is 49.43. Shandong Molong Petroleum Machinery Co's value of 4.52 is 90.9% 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 an Oil & Gas company?
The median 9-Day RSI among Oil & Gas companies is 49.43, based on 1,050 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. Shandong Molong Petroleum Machinery Co's current 9-Day RSI of 4.52 is 90.9% 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 Oil & Gas industry, the median 9-Day RSI is 49.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Molong Petroleum Machinery Co's current 9-Day RSI is 4.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Molong Petroleum Machinery Co stock overvalued right now?
Shandong Molong Petroleum Machinery Co (SHANF) has a current 9-Day RSI of 4.52. The stock's GF Value™ is $0.46, compared to a current price of $0.94 — trading 103.8% above its estimated fair value. The current 9-Day RSI is 4.52 and 90.9% below the Oil & Gas industry median of 49.43. Shandong Molong Petroleum Machinery Co's overall GF Score™ is 43/100 with 6 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 Shandong Molong Petroleum Machinery Co (SHANF), the current 9-Day RSI is 4.52 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 Shandong Molong Petroleum Machinery Co (SHANF) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Molong Petroleum Machinery Co stock appears to be overvalued.
The current stock price of $0.94 is trading 103.8% above its estimated GF Value™ of $0.46.
Key valuation signals for SHANF:
9-Day RSI: 4.52
GF Value™: $0.46 vs. price of $0.94 (103.8% above fair value)
Industry Position: 90.9% below the Oil & Gas median (#608 of 1050)
No single metric tells the full story. See the SHANF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shandong Molong Petroleum Machinery Co Business Description
Shandong Molong Petroleum Machinery Co Ltd is engaged in the design, research and development, processing and manufacturing, sale service, and export trade of products for the energy equipment industry. Its main products include petroleum-drilling machinery equipment, petroleum and natural gas pipeline equipment, and oil and gas exploitation equipment. These products are used in petroleum, natural gas, shale gas, coalbed methane, hydrogen energy, oil refining, coal mining machinery, boiler manufacturing, engineering machinery manufacturing, and oilfield services.
43GF Score
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