Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
The industry rank for Jung Shing Wire Co's 9-Day RSI or its related term are showing as below:
TPE:1617's 9-Day RSI is ranked better than 65.6% of 3125
companies
in the Industrial Products industry
Industry Median: 40.69
vs TPE:1617: 35.24
Jung Shing Wire Co (TPE:1617) 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.
Jung Shing Wire Co 9-Day RSI Related Terms
TPE:1617 vs VRT, BE: 9-Day RSI Comparison
For the Electrical Equipment & Parts subindustry, Jung Shing Wire 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.
Jung Shing Wire Co 9-Day RSI vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Jung Shing Wire Co's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Jung Shing Wire Co's 9-Day RSI falls into.
Jung Shing Wire Co (TPE:1617) 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.
Jung Shing Wire Co (TPE:1617) has a 9-Day RSI of 35.24 as of Jul. 22, 2026. According to the industry distribution chart, Jung Shing Wire Co ranks #1075 out of 3125 companies in the Industrial Products industry, placing it in the top 34.4%.
Is Jung Shing Wire Co's 9-Day RSI too high?
Jung Shing Wire Co's current 9-Day RSI is 35.24. The Industrial Products industry median 9-Day RSI is 40.69. Jung Shing Wire Co's value of 35.24 is 13.4% below this industry median. Based on the distribution chart, Jung Shing Wire Co ranks #1075 out of 3125 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Jung Shing Wire Co has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jung Shing Wire Co's 9-Day RSI compare to VRT and BE?
According to the Industrial Products industry distribution chart, Jung Shing Wire Co ranks #1075 out of 3125 companies for 9-Day RSI. This puts Jung Shing Wire Co in the upper half of its industry. The industry median 9-Day RSI is 40.69. Jung Shing Wire Co's value of 35.24 is 13.4% 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 Industrial Products company?
The median 9-Day RSI among Industrial Products companies is 40.69, based on 3,125 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. Jung Shing Wire Co's current 9-Day RSI of 35.24 is 13.4% 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 Industrial Products industry, the median 9-Day RSI is 40.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jung Shing Wire Co's current 9-Day RSI is 35.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jung Shing Wire Co stock overvalued right now?
Based on GuruFocus' analysis, Jung Shing Wire Co (TPE:1617) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$17.02, compared to a current price of NT$19.25 — trading 13.1% above its estimated fair value. The current 9-Day RSI is 35.24 and 13.4% below the Industrial Products industry median of 40.69. Jung Shing Wire Co's overall GF Score™ is 73/100 with 5 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 Jung Shing Wire Co (TPE:1617), the current 9-Day RSI is 35.24 as of Jul. 22, 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 Jung Shing Wire Co (TPE:1617) Overvalued in 2026?
Based on GuruFocus' analysis, Jung Shing Wire Co stock appears to be overvalued.
The current stock price of NT$19.25 is trading 13.1% above its estimated GF Value™ of NT$17.02.
GuruFocus considers Jung Shing Wire Co to be Modestly Overvalued.
Key valuation signals for TPE:1617:
9-Day RSI: 35.24
GF Value™: NT$17.02 vs. price of NT$19.25 (13.1% above fair value)
Industry Position: 13.4% below the Industrial Products median (#1075 of 3125)
No single metric tells the full story. See the TPE:1617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jung Shing Wire Co Ltd is engaged in the manufacturing and processing of enameled wires and downstream products, and the trading of related machinery and equipment. Its product portfolio comprises general enameled wire, self-melting enameled wire, and special enameled wire. The group has a reporting segment: the wire department, which manufactures various kinds of degaussing rings, enameled wire, and Litz wire. Geographically, the company generates maximum revenue from Mainland China, followed by Taiwan, Vietnam, the Philippines, Japan, and other countries.
73GF Score
Get the complete analysis for TPE:1617
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:1617 has been successfully added to your 
