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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.
Xiamen Leading Optics Co (SHSE:605118) 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.
Xiamen Leading Optics Co 9-Day RSI Related Terms
SHSE:605118 vs APH, GLW, TEL: 9-Day RSI Comparison
For the Electronic Components subindustry, Xiamen Leading Optics 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.
Xiamen Leading Optics Co 9-Day RSI vs Hardware Industry
For the Hardware industry and Technology sector, Xiamen Leading Optics Co's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Xiamen Leading Optics Co's 9-Day RSI falls into.
Xiamen Leading Optics Co (SHSE:605118) 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.
Xiamen Leading Optics Co (SHSE:605118) has a 9-Day RSI of 49.17 as of Aug. 17, 2026. According to the industry distribution chart, Xiamen Leading Optics Co ranks #850 out of 2527 companies in the Hardware industry, placing it in the top 33.6%.
Is Xiamen Leading Optics Co's 9-Day RSI too high?
Xiamen Leading Optics Co's current 9-Day RSI is 49.17. The Hardware industry median 9-Day RSI is 54.41. Xiamen Leading Optics Co's value of 49.17 is 9.6% below this industry median. Based on the distribution chart, Xiamen Leading Optics Co ranks #850 out of 2527 companies in the Hardware industry, which is above the industry midpoint. Overall, Xiamen Leading Optics Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Xiamen Leading Optics Co's 9-Day RSI compare to APH and GLW?
According to the Hardware industry distribution chart, Xiamen Leading Optics Co ranks #850 out of 2527 companies for 9-Day RSI. This puts Xiamen Leading Optics Co in the upper half of its industry. The industry median 9-Day RSI is 54.41. Xiamen Leading Optics Co's value of 49.17 is 9.6% 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 Hardware company?
The median 9-Day RSI among Hardware companies is 54.41, based on 2,527 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. Xiamen Leading Optics Co's current 9-Day RSI of 49.17 is 9.6% 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 Hardware industry, the median 9-Day RSI is 54.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xiamen Leading Optics Co's current 9-Day RSI is 49.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xiamen Leading Optics Co stock overvalued right now?
Based on GuruFocus' analysis, Xiamen Leading Optics Co (SHSE:605118) is currently considered Fairly Valued. The stock's GF Value™ is ¥28.32, compared to a current price of ¥30.22 — trading 6.7% above its estimated fair value. The current 9-Day RSI is 49.17 and 9.6% below the Hardware industry median of 54.41. Xiamen Leading Optics Co's overall GF Score™ is 90/100 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 Xiamen Leading Optics Co (SHSE:605118), the current 9-Day RSI is 49.17 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 Xiamen Leading Optics Co (SHSE:605118) Overvalued in 2026?
Based on GuruFocus' analysis, Xiamen Leading Optics Co stock appears to be overvalued.
The current stock price of ¥30.22 is trading 6.7% above its estimated GF Value™ of ¥28.32.
GuruFocus considers Xiamen Leading Optics Co to be Fairly Valued.
Key valuation signals for SHSE:605118:
9-Day RSI: 49.17
GF Value™: ¥28.32 vs. price of ¥30.22 (6.7% above fair value)
Industry Position: 9.6% below the Hardware median (#850 of 2527)
No single metric tells the full story. See the SHSE:605118 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xiamen Leading Optics Co Ltd is engaged in design, production and sales of optical lenses. The company's products include Surveillance Lens; Automotives Lens; Machine Vision Lens; ITS Lens; Low Distortion Lens; Consumer Imaging; and Panoramic Lens. Its products are used in multiple fields of application including security surveillance, medical and biological studies and researches, intelligent traffic systems, video conference, intelligent home security, sports camera and many more.
90GF Score
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