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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.
China Spacesat Co (SHSE:600118) 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.
China Spacesat Co 9-Day RSI Related Terms
SHSE:600118 vs SPCX, GE, RTX: 9-Day RSI Comparison
For the Aerospace & Defense subindustry, China Spacesat 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.
China Spacesat Co 9-Day RSI vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, China Spacesat Co's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where China Spacesat Co's 9-Day RSI falls into.
China Spacesat Co (SHSE:600118) 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.
China Spacesat Co (SHSE:600118) has a 9-Day RSI of 48.97 as of Aug. 06, 2026. According to the industry distribution chart, China Spacesat Co ranks #115 out of 368 companies in the Aerospace & Defense industry, placing it in the top 31.2%.
Is China Spacesat Co's 9-Day RSI too high?
China Spacesat Co's current 9-Day RSI is 48.97. The Aerospace & Defense industry median 9-Day RSI is 56.41. China Spacesat Co's value of 48.97 is 13.2% below this industry median. Based on the distribution chart, China Spacesat Co ranks #115 out of 368 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, China Spacesat Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Spacesat Co's 9-Day RSI compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, China Spacesat Co ranks #115 out of 368 companies for 9-Day RSI. This puts China Spacesat Co in the upper half of its industry. The industry median 9-Day RSI is 56.41. China Spacesat Co's value of 48.97 is 13.2% 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 Aerospace & Defense company?
The median 9-Day RSI among Aerospace & Defense companies is 56.41, based on 368 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. China Spacesat Co's current 9-Day RSI of 48.97 is 13.2% 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 Aerospace & Defense industry, the median 9-Day RSI is 56.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Spacesat Co's current 9-Day RSI is 48.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Spacesat Co stock overvalued right now?
Based on GuruFocus' analysis, China Spacesat Co (SHSE:600118) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥34.24, compared to a current price of ¥65.33 — trading 90.8% above its estimated fair value. The current 9-Day RSI is 48.97 and 13.2% below the Aerospace & Defense industry median of 56.41. China Spacesat Co's overall GF Score™ is 63/100 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 China Spacesat Co (SHSE:600118), the current 9-Day RSI is 48.97 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 China Spacesat Co (SHSE:600118) Overvalued in 2026?
Based on GuruFocus' analysis, China Spacesat Co stock appears to be overvalued.
The current stock price of ¥65.33 is trading 90.8% above its estimated GF Value™ of ¥34.24.
GuruFocus considers China Spacesat Co to be Significantly Overvalued.
Key valuation signals for SHSE:600118:
9-Day RSI: 48.97
GF Value™: ¥34.24 vs. price of ¥65.33 (90.8% above fair value)
Industry Position: 13.2% below the Aerospace & Defense median (#115 of 368)
No single metric tells the full story. See the SHSE:600118 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Spacesat Co Ltd is a China-based company engages in the development of small satellites, satellite ground systems, and related equipment. Its products offer aerospace system integration, large-scale ground station systems integration, satellite communications applications, satellite navigation applications and information transmission. The company operates its business in North China, northwest of China and South China.
63GF Score
Get the complete analysis for SHSE:600118
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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