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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:600696's 9-Day RSI is ranked better than 69.46% of 239
companies
in the Beverages - Alcoholic industry
Industry Median: 48.13
vs SHSE:600696: 42.50
Shanghai Jundao Liquor Enterprise Development Co (SHSE:600696) 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 Jundao Liquor Enterprise Development Co 9-Day RSI Related Terms
SHSE:600696 vs BF.B: 9-Day RSI Comparison
For the Beverages - Wineries & Distilleries subindustry, Shanghai Jundao Liquor Enterprise Development 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 Jundao Liquor Enterprise Development Co 9-Day RSI vs Beverages - Alcoholic Industry
Shanghai Jundao Liquor Enterprise Development Co (SHSE:600696) 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 Jundao Liquor Enterprise Development Co (SHSE:600696) has a 9-Day RSI of 42.50 as of Jul. 27, 2026. According to the industry distribution chart, Shanghai Jundao Liquor Enterprise Development Co ranks #73 out of 239 companies in the Beverages - Alcoholic industry, placing it in the top 30.5%.
Is Shanghai Jundao Liquor Enterprise Development Co's 9-Day RSI too high?
Shanghai Jundao Liquor Enterprise Development Co's current 9-Day RSI is 42.50. The Beverages - Alcoholic industry median 9-Day RSI is 48.13. Shanghai Jundao Liquor Enterprise Development Co's value of 42.50 is 11.7% below this industry median. Based on the distribution chart, Shanghai Jundao Liquor Enterprise Development Co ranks #73 out of 239 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Shanghai Jundao Liquor Enterprise Development Co has a GF Score™ of 3/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Jundao Liquor Enterprise Development Co's 9-Day RSI compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Shanghai Jundao Liquor Enterprise Development Co ranks #73 out of 239 companies for 9-Day RSI. This puts Shanghai Jundao Liquor Enterprise Development Co in the upper half of its industry. The industry median 9-Day RSI is 48.13. Shanghai Jundao Liquor Enterprise Development Co's value of 42.50 is 11.7% 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 a Beverages - Alcoholic company?
The median 9-Day RSI among Beverages - Alcoholic companies is 48.13, based on 239 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 Jundao Liquor Enterprise Development Co's current 9-Day RSI of 42.50 is 11.7% 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 Beverages - Alcoholic industry, the median 9-Day RSI is 48.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Jundao Liquor Enterprise Development Co's current 9-Day RSI is 42.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Jundao Liquor Enterprise Development Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Jundao Liquor Enterprise Development Co (SHSE:600696) is currently considered Fairly Valued. The stock's GF Value™ is ¥0.70, compared to a current price of ¥0.74 — trading 5.7% above its estimated fair value. The current 9-Day RSI is 42.50 and 11.7% below the Beverages - Alcoholic industry median of 48.13. Shanghai Jundao Liquor Enterprise Development Co's overall GF Score™ is 3/100 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 Shanghai Jundao Liquor Enterprise Development Co (SHSE:600696), the current 9-Day RSI is 42.50 as of Jul. 27, 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 Jundao Liquor Enterprise Development Co (SHSE:600696) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Jundao Liquor Enterprise Development Co stock appears to be overvalued.
The current stock price of ¥0.74 is trading 5.7% above its estimated GF Value™ of ¥0.70.
GuruFocus considers Shanghai Jundao Liquor Enterprise Development Co to be Fairly Valued.
Key valuation signals for SHSE:600696:
9-Day RSI: 42.50
GF Value™: ¥0.70 vs. price of ¥0.74 (5.7% above fair value)
Industry Position: 11.7% below the Beverages - Alcoholic median (#73 of 239)
No single metric tells the full story. See the SHSE:600696 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Jundao Liquor Enterprise Development Co Business Description
Shanghai Jundao Liquor Enterprise Development Co Ltd is engaged in the commodity trading, commercial factoring, financial leasing, real estate operation and management, and liquor sales. Its business activities also include industrial investment, equity investment, investment consulting and management, enterprise management consulting services, and entrusted asset management.
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