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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.
Anhui Province Natural Gas Development Co (SHSE:603689) 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.
Anhui Province Natural Gas Development Co 9-Day RSI Related Terms
SHSE:603689 vs WMB, EPD, KMI: 9-Day RSI Comparison
For the Oil & Gas Midstream subindustry, Anhui Province Natural Gas 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.
Anhui Province Natural Gas Development Co 9-Day RSI vs Oil & Gas Industry
Anhui Province Natural Gas Development Co (SHSE:603689) 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.
Anhui Province Natural Gas Development Co (SHSE:603689) has a 9-Day RSI of 52.50 as of Aug. 19, 2026. According to the industry distribution chart, Anhui Province Natural Gas Development Co ranks #496 out of 1059 companies in the Oil & Gas industry, placing it in the top 46.8%.
Is Anhui Province Natural Gas Development Co's 9-Day RSI too high?
Anhui Province Natural Gas Development Co's current 9-Day RSI is 52.50. The Oil & Gas industry median 9-Day RSI is 55.41. Anhui Province Natural Gas Development Co's value of 52.50 is 5.3% below this industry median. Based on the distribution chart, Anhui Province Natural Gas Development Co ranks #496 out of 1059 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Anhui Province Natural Gas Development Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Anhui Province Natural Gas Development Co's 9-Day RSI compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Anhui Province Natural Gas Development Co ranks #496 out of 1059 companies for 9-Day RSI. This puts Anhui Province Natural Gas Development Co in the upper half of its industry. The industry median 9-Day RSI is 55.41. Anhui Province Natural Gas Development Co's value of 52.50 is 5.3% 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 Oil & Gas company?
The median 9-Day RSI among Oil & Gas companies is 55.41, based on 1,059 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. Anhui Province Natural Gas Development Co's current 9-Day RSI of 52.50 is 5.3% 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 Oil & Gas industry, the median 9-Day RSI is 55.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anhui Province Natural Gas Development Co's current 9-Day RSI is 52.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Province Natural Gas Development Co stock overvalued right now?
Based on GuruFocus' analysis, Anhui Province Natural Gas Development Co (SHSE:603689) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.25, compared to a current price of ¥7.52 — trading 3.7% above its estimated fair value. The current 9-Day RSI is 52.50 and 5.3% below the Oil & Gas industry median of 55.41. Anhui Province Natural Gas Development Co's overall GF Score™ is 69/100 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 Anhui Province Natural Gas Development Co (SHSE:603689), the current 9-Day RSI is 52.50 as of Aug. 19, 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 Anhui Province Natural Gas Development Co (SHSE:603689) Overvalued in 2026?
Based on GuruFocus' analysis, Anhui Province Natural Gas Development Co stock appears to be overvalued.
The current stock price of ¥7.52 is trading 3.7% above its estimated GF Value™ of ¥7.25.
GuruFocus considers Anhui Province Natural Gas Development Co to be Fairly Valued.
Key valuation signals for SHSE:603689:
9-Day RSI: 52.50
GF Value™: ¥7.25 vs. price of ¥7.52 (3.7% above fair value)
Industry Position: 5.3% below the Oil & Gas median (#496 of 1059)
No single metric tells the full story. See the SHSE:603689 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Anhui Province Natural Gas Development Co Ltd is a natural gas pipeline operator. It invests, constructs, operates and manages natural gas pipelines in Anhui Province. The company also participates in the development and construction of natural gas pipeline network in urban areas; manages natural gas resources on behalf of Anhui Province; sells natural gas; and market and competitive investment in other natural gas, CBM and other energy applications and related projects. The other business activities of the company are to invest in the development of natural gas and coal seams in the province Gas resources projects; other energy development projects; and to engage in other auxiliary businesses.
69GF Score
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