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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.
Changzheng Engineering Technology Co (SHSE:603698) 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.
Changzheng Engineering Technology Co 9-Day RSI Related Terms
SHSE:603698 vs PWR, FIX, EME: 9-Day RSI Comparison
For the Engineering & Construction subindustry, Changzheng Engineering Technology 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.
Changzheng Engineering Technology Co 9-Day RSI vs Construction Industry
Changzheng Engineering Technology Co (SHSE:603698) 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.
Changzheng Engineering Technology Co (SHSE:603698) has a 9-Day RSI of 34.74 as of Aug. 26, 2026. According to the industry distribution chart, Changzheng Engineering Technology Co ranks #251 out of 1890 companies in the Construction industry, placing it in the top 13.3%.
Is Changzheng Engineering Technology Co's 9-Day RSI too high?
Changzheng Engineering Technology Co's current 9-Day RSI is 34.74. The Construction industry median 9-Day RSI is 50.32. Changzheng Engineering Technology Co's value of 34.74 is 31% below this industry median. Based on the distribution chart, Changzheng Engineering Technology Co ranks #251 out of 1890 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Changzheng Engineering Technology Co has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Changzheng Engineering Technology Co's 9-Day RSI compare to PWR and FIX?
According to the Construction industry distribution chart, Changzheng Engineering Technology Co ranks #251 out of 1890 companies for 9-Day RSI. This places Changzheng Engineering Technology Co in the top 13% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 50.32. Changzheng Engineering Technology Co's value of 34.74 is 31% 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 Construction company?
The median 9-Day RSI among Construction companies is 50.32, based on 1,890 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. Changzheng Engineering Technology Co's current 9-Day RSI of 34.74 is 31% 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 Construction industry, the median 9-Day RSI is 50.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changzheng Engineering Technology Co's current 9-Day RSI is 34.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changzheng Engineering Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Changzheng Engineering Technology Co (SHSE:603698) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥28.10, compared to a current price of ¥21.54 — trading 23.3% below its estimated fair value. The current 9-Day RSI is 34.74 and 31% below the Construction industry median of 50.32. Changzheng Engineering Technology Co's overall GF Score™ is 87/100 with 6 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 Changzheng Engineering Technology Co (SHSE:603698), the current 9-Day RSI is 34.74 as of Aug. 26, 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 Changzheng Engineering Technology Co (SHSE:603698) Overvalued in 2026?
Based on GuruFocus' analysis, Changzheng Engineering Technology Co stock appears to be undervalued.
The current stock price of ¥21.54 is trading 23.3% below its estimated GF Value™ of ¥28.10.
GuruFocus considers Changzheng Engineering Technology Co to be Modestly Undervalued.
Key valuation signals for SHSE:603698:
9-Day RSI: 34.74
GF Value™: ¥28.10 vs. price of ¥21.54 (23.3% below fair value)
Industry Position: 31% below the Construction median (#251 of 1890)
No single metric tells the full story. See the SHSE:603698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Changzheng Engineering Technology Co Ltd is engaged in aerospace pulverized coal pressurized gasification technology. It specializes in the research and development, engineering design, technical services, complete equipment supply and general project contracting of coal gasification technology and key equipment.
87GF Score
Get the complete analysis for SHSE:603698
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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