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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.
Qingdao Daneng Environmental Protection Equipment Co (SHSE:688501) 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.
Qingdao Daneng Environmental Protection Equipment Co 9-Day RSI Related Terms
* 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.
Qingdao Daneng Environmental Protection Equipment Co 9-Day RSI vs Industrial Products Industry
Qingdao Daneng Environmental Protection Equipment Co (SHSE:688501) 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.
Qingdao Daneng Environmental Protection Equipment Co (SHSE:688501) has a 9-Day RSI of 48.52 as of Aug. 01, 2026. According to the industry distribution chart, Qingdao Daneng Environmental Protection Equipment Co ranks #1582 out of 3130 companies in the Industrial Products industry, placing it in the top 50.5%.
Is Qingdao Daneng Environmental Protection Equipment Co's 9-Day RSI too high?
Qingdao Daneng Environmental Protection Equipment Co's current 9-Day RSI is 48.52. The Industrial Products industry median 9-Day RSI is 41.72. Qingdao Daneng Environmental Protection Equipment Co's value of 48.52 is 16.3% above this industry median. Based on the distribution chart, Qingdao Daneng Environmental Protection Equipment Co ranks #1582 out of 3130 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Qingdao Daneng Environmental Protection Equipment Co has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Qingdao Daneng Environmental Protection Equipment Co's 9-Day RSI compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Qingdao Daneng Environmental Protection Equipment Co ranks #1582 out of 3130 companies for 9-Day RSI. This places Qingdao Daneng Environmental Protection Equipment Co in the lower half of its industry. The industry median 9-Day RSI is 41.72. Qingdao Daneng Environmental Protection Equipment Co's value of 48.52 is 16.3% above 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 Industrial Products company?
The median 9-Day RSI among Industrial Products companies is 41.72, based on 3,130 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. Qingdao Daneng Environmental Protection Equipment Co's current 9-Day RSI of 48.52 is 16.3% above 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 Industrial Products industry, the median 9-Day RSI is 41.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qingdao Daneng Environmental Protection Equipment Co's current 9-Day RSI is 48.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qingdao Daneng Environmental Protection Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Qingdao Daneng Environmental Protection Equipment Co (SHSE:688501) is currently considered Possible Value Trap. The stock's GF Value™ is ¥27.92, compared to a current price of ¥16.95 — trading 39.3% below its estimated fair value. The current 9-Day RSI is 48.52 and 16.3% above the Industrial Products industry median of 41.72. Qingdao Daneng Environmental Protection Equipment Co's overall GF Score™ is 76/100 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 Qingdao Daneng Environmental Protection Equipment Co (SHSE:688501), the current 9-Day RSI is 48.52 as of Aug. 01, 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 Qingdao Daneng Environmental Protection Equipment Co (SHSE:688501) Overvalued in 2026?
Based on GuruFocus' analysis, Qingdao Daneng Environmental Protection Equipment Co stock appears to be undervalued.
The current stock price of ¥16.95 is trading 39.3% below its estimated GF Value™ of ¥27.92.
GuruFocus considers Qingdao Daneng Environmental Protection Equipment Co to be Possible Value Trap.
Key valuation signals for SHSE:688501:
9-Day RSI: 48.52
GF Value™: ¥27.92 vs. price of ¥16.95 (39.3% below fair value)
Industry Position: 16.3% above the Industrial Products median (#1582 of 3130)
No single metric tells the full story. See the SHSE:688501 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qingdao Daneng Environmental Protection Equipment Co Ltd is involved in the energy-saving and environmental protection industry. It provides customers with a full range of energy-saving and environmentally-friendly products. The company's technology and products have covered the prevention and control of pollutants such as slag, dust, flue gas, fine particulate matter, NOX, SOX, desulfurization wastewater, and boiler slag and flue gas waste heat recover.
76GF Score
Get the complete analysis for SHSE:688501
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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