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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.
Shandong Bohui Paper Industrial Co (SHSE:600966) 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 Bohui Paper Industrial Co 9-Day RSI Related Terms
Shandong Bohui Paper Industrial Co 9-Day RSI Competitor Comparison
For the Paper & Paper Products subindustry, Shandong Bohui Paper 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.
Shandong Bohui Paper Industrial Co 9-Day RSI vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Shandong Bohui Paper Industrial Co's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Shandong Bohui Paper Industrial Co's 9-Day RSI falls into.
Shandong Bohui Paper Industrial Co (SHSE:600966) 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 Bohui Paper Industrial Co (SHSE:600966) has a 9-Day RSI of 48.83 as of Aug. 17, 2026. According to the industry distribution chart, Shandong Bohui Paper Industrial Co ranks #124 out of 298 companies in the Forest Products industry, placing it in the top 41.6%.
Is Shandong Bohui Paper Industrial Co's 9-Day RSI too high?
Shandong Bohui Paper Industrial Co's current 9-Day RSI is 48.83. The Forest Products industry median 9-Day RSI is 51.76. Shandong Bohui Paper Industrial Co's value of 48.83 is 5.7% below this industry median. Based on the distribution chart, Shandong Bohui Paper Industrial Co ranks #124 out of 298 companies in the Forest Products industry, which is above the industry midpoint. Overall, Shandong Bohui Paper Industrial Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Bohui Paper Industrial Co's 9-Day RSI compare to competitors?
According to the Forest Products industry distribution chart, Shandong Bohui Paper Industrial Co ranks #124 out of 298 companies for 9-Day RSI. This puts Shandong Bohui Paper Industrial Co in the upper half of its industry. The industry median 9-Day RSI is 51.76. Shandong Bohui Paper Industrial Co's value of 48.83 is 5.7% 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 Forest Products company?
The median 9-Day RSI among Forest Products companies is 51.76, based on 298 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 Bohui Paper Industrial Co's current 9-Day RSI of 48.83 is 5.7% 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 Forest Products industry, the median 9-Day RSI is 51.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Bohui Paper Industrial Co's current 9-Day RSI is 48.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Bohui Paper Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Bohui Paper Industrial Co (SHSE:600966) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.54, compared to a current price of ¥4.88 — trading 11.9% below its estimated fair value. The current 9-Day RSI is 48.83 and 5.7% below the Forest Products industry median of 51.76. Shandong Bohui Paper Industrial 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 Shandong Bohui Paper Industrial Co (SHSE:600966), the current 9-Day RSI is 48.83 as of Aug. 17, 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 Bohui Paper Industrial Co (SHSE:600966) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Bohui Paper Industrial Co stock appears to be undervalued.
The current stock price of ¥4.88 is trading 11.9% below its estimated GF Value™ of ¥5.54.
GuruFocus considers Shandong Bohui Paper Industrial Co to be Modestly Undervalued.
Key valuation signals for SHSE:600966:
9-Day RSI: 48.83
GF Value™: ¥5.54 vs. price of ¥4.88 (11.9% below fair value)
Industry Position: 5.7% below the Forest Products median (#124 of 298)
No single metric tells the full story. See the SHSE:600966 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shandong Bohui Paper Industrial Co Ltd is a China-based company produces and sells paper products. It offers products such as pulp, folding boxboard, printing and writing paper, test liner boards, gypsum boards, and kraftliner boards.
63GF Score
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