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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.
SHSE:600243's 9-Day RSI is ranked better than 98.02% of 3125
companies
in the Industrial Products industry
Industry Median: 40.69
vs SHSE:600243: 18.29
Qinghai Huading Industrial Co (SHSE:600243) 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.
Qinghai Huading Industrial Co 9-Day RSI Related Terms
SHSE:600243 vs GEV, ETN, PH: 9-Day RSI Comparison
For the Specialty Industrial Machinery subindustry, Qinghai Huading Industrial 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.
Qinghai Huading Industrial Co 9-Day RSI vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Qinghai Huading Industrial Co's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Qinghai Huading Industrial Co's 9-Day RSI falls into.
Qinghai Huading Industrial Co (SHSE:600243) 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.
Qinghai Huading Industrial Co (SHSE:600243) has a 9-Day RSI of 18.29 as of Jul. 22, 2026. According to the industry distribution chart, Qinghai Huading Industrial Co ranks #62 out of 3125 companies in the Industrial Products industry, placing it in the top 2%.
Is Qinghai Huading Industrial Co's 9-Day RSI too high?
Qinghai Huading Industrial Co's current 9-Day RSI is 18.29. The Industrial Products industry median 9-Day RSI is 40.69. Qinghai Huading Industrial Co's value of 18.29 is 55.1% below this industry median. Based on the distribution chart, Qinghai Huading Industrial Co ranks #62 out of 3125 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Qinghai Huading Industrial Co has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qinghai Huading Industrial Co's 9-Day RSI compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Qinghai Huading Industrial Co ranks #62 out of 3125 companies for 9-Day RSI. This places Qinghai Huading Industrial Co in the top 2% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 40.69. Qinghai Huading Industrial Co's value of 18.29 is 55.1% 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 Industrial Products company?
The median 9-Day RSI among Industrial Products companies is 40.69, based on 3,125 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. Qinghai Huading Industrial Co's current 9-Day RSI of 18.29 is 55.1% 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 Industrial Products industry, the median 9-Day RSI is 40.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qinghai Huading Industrial Co's current 9-Day RSI is 18.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qinghai Huading Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Qinghai Huading Industrial Co (SHSE:600243) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.91, compared to a current price of ¥2.82 — trading 27.9% below its estimated fair value. The current 9-Day RSI is 18.29 and 55.1% below the Industrial Products industry median of 40.69. Qinghai Huading Industrial Co's overall GF Score™ is 50/100 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 Qinghai Huading Industrial Co (SHSE:600243), the current 9-Day RSI is 18.29 as of Jul. 22, 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 Qinghai Huading Industrial Co (SHSE:600243) Overvalued in 2026?
Based on GuruFocus' analysis, Qinghai Huading Industrial Co stock appears to be undervalued.
The current stock price of ¥2.82 is trading 27.9% below its estimated GF Value™ of ¥3.91.
GuruFocus considers Qinghai Huading Industrial Co to be Modestly Undervalued.
Key valuation signals for SHSE:600243:
9-Day RSI: 18.29
GF Value™: ¥3.91 vs. price of ¥2.82 (27.9% below fair value)
Industry Position: 55.1% below the Industrial Products median (#62 of 3125)
No single metric tells the full story. See the SHSE:600243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qinghai Huading Industrial Co Business Description
Qinghai Huading Industrial Co Ltd is a Chinese company engaged in the manufacture and sale of CNC horizontal lathe products, roll lathes, special railway lathes, and other machine tools.
50GF Score
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