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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:600320's 9-Day RSI is ranked worse than 82.21% of 3126
companies
in the Industrial Products industry
Industry Median: 43.87
vs SHSE:600320: 56.67
Shanghai Zhenhua Heavy Industries Co (SHSE:600320) 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.
Shanghai Zhenhua Heavy Industries Co 9-Day RSI Related Terms
SHSE:600320 vs GEV, ETN, PH: 9-Day RSI Comparison
For the Specialty Industrial Machinery subindustry, Shanghai Zhenhua Heavy Industries 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.
Shanghai Zhenhua Heavy Industries Co 9-Day RSI vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shanghai Zhenhua Heavy Industries Co's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Shanghai Zhenhua Heavy Industries Co's 9-Day RSI falls into.
Shanghai Zhenhua Heavy Industries Co (SHSE:600320) 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.
Shanghai Zhenhua Heavy Industries Co (SHSE:600320) has a 9-Day RSI of 56.67 as of Jul. 24, 2026. According to the industry distribution chart, Shanghai Zhenhua Heavy Industries Co ranks #2570 out of 3126 companies in the Industrial Products industry, placing it in the top 82.2%.
Is Shanghai Zhenhua Heavy Industries Co's 9-Day RSI too high?
Shanghai Zhenhua Heavy Industries Co's current 9-Day RSI is 56.67. The Industrial Products industry median 9-Day RSI is 43.87. Shanghai Zhenhua Heavy Industries Co's value of 56.67 is 29.2% above this industry median. Based on the distribution chart, Shanghai Zhenhua Heavy Industries Co ranks #2570 out of 3126 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Shanghai Zhenhua Heavy Industries Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Zhenhua Heavy Industries Co's 9-Day RSI compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shanghai Zhenhua Heavy Industries Co ranks #2570 out of 3126 companies for 9-Day RSI. This places Shanghai Zhenhua Heavy Industries Co in the lower half of its industry. The industry median 9-Day RSI is 43.87. Shanghai Zhenhua Heavy Industries Co's value of 56.67 is 29.2% 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 an Industrial Products company?
The median 9-Day RSI among Industrial Products companies is 43.87, based on 3,126 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. Shanghai Zhenhua Heavy Industries Co's current 9-Day RSI of 56.67 is 29.2% 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 Industrial Products industry, the median 9-Day RSI is 43.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Zhenhua Heavy Industries Co's current 9-Day RSI is 56.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Zhenhua Heavy Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Zhenhua Heavy Industries Co (SHSE:600320) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.62, compared to a current price of ¥4.12 — trading 10.8% below its estimated fair value. The current 9-Day RSI is 56.67 and 29.2% above the Industrial Products industry median of 43.87. Shanghai Zhenhua Heavy Industries Co's overall GF Score™ is 78/100 with 4 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 Shanghai Zhenhua Heavy Industries Co (SHSE:600320), the current 9-Day RSI is 56.67 as of Jul. 24, 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 Shanghai Zhenhua Heavy Industries Co (SHSE:600320) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Zhenhua Heavy Industries Co stock appears to be undervalued.
The current stock price of ¥4.12 is trading 10.8% below its estimated GF Value™ of ¥4.62.
GuruFocus considers Shanghai Zhenhua Heavy Industries Co to be Modestly Undervalued.
Key valuation signals for SHSE:600320:
9-Day RSI: 56.67
GF Value™: ¥4.62 vs. price of ¥4.12 (10.8% below fair value)
Industry Position: 29.2% above the Industrial Products median (#2570 of 3126)
No single metric tells the full story. See the SHSE:600320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Zhenhua Heavy Industries Co Business Description
Shanghai Zhenhua Heavy Industries Co Ltd manufactures heavy equipment and offers product design and aftermarket services. It constructs large port loading systems and equipment, offshore heavy equipment, engineering machinery, ships, and other large structures. In addition, the company offers environment-friendly devices, including wind power, sea water desalination, sewage treatment, and recycling equipment. Research centers and technologies help meet customers' needs, and provide innovative solutions to enhance operational performance. Offices with regional parts are scattered across the globe to supply timely responses and support preventive maintenance. The majority of total revenue comes from Asia, but the company has diversified operations to several continents.
78GF Score
Get the complete analysis for SHSE:600320
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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