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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.
TPE:1735's 9-Day RSI is ranked better than 77.15% of 1650
companies
in the Chemicals industry
Industry Median: 42.27
vs TPE:1735: 31.20
Evermore Chemical Industry Co (TPE:1735) 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.
Evermore Chemical Industry Co 9-Day RSI Related Terms
TPE:1735 vs DOW: 9-Day RSI Comparison
For the Chemicals subindustry, Evermore Chemical Industry 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.
Evermore Chemical Industry Co 9-Day RSI vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Evermore Chemical Industry Co's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Evermore Chemical Industry Co's 9-Day RSI falls into.
Evermore Chemical Industry Co (TPE:1735) 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.
Evermore Chemical Industry Co (TPE:1735) has a 9-Day RSI of 31.20 as of Jul. 19, 2026. According to the industry distribution chart, Evermore Chemical Industry Co ranks #377 out of 1650 companies in the Chemicals industry, placing it in the top 22.8%.
Is Evermore Chemical Industry Co's 9-Day RSI too high?
Evermore Chemical Industry Co's current 9-Day RSI is 31.20. The Chemicals industry median 9-Day RSI is 42.27. Evermore Chemical Industry Co's value of 31.20 is 26.2% below this industry median. Based on the distribution chart, Evermore Chemical Industry Co ranks #377 out of 1650 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Evermore Chemical Industry Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Evermore Chemical Industry Co's 9-Day RSI compare to DOW?
According to the Chemicals industry distribution chart, Evermore Chemical Industry Co ranks #377 out of 1650 companies for 9-Day RSI. This places Evermore Chemical Industry Co in the top 23% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 42.27. Evermore Chemical Industry Co's value of 31.20 is 26.2% 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 Chemicals company?
The median 9-Day RSI among Chemicals companies is 42.27, based on 1,650 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. Evermore Chemical Industry Co's current 9-Day RSI of 31.20 is 26.2% 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 Chemicals industry, the median 9-Day RSI is 42.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evermore Chemical Industry Co's current 9-Day RSI is 31.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evermore Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Evermore Chemical Industry Co (TPE:1735) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$14.97, compared to a current price of NT$20.00 — trading 33.6% above its estimated fair value. The current 9-Day RSI is 31.20 and 26.2% below the Chemicals industry median of 42.27. Evermore Chemical Industry Co's overall GF Score™ is 72/100 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 Evermore Chemical Industry Co (TPE:1735), the current 9-Day RSI is 31.20 as of Jul. 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 Evermore Chemical Industry Co (TPE:1735) Overvalued in 2026?
Based on GuruFocus' analysis, Evermore Chemical Industry Co stock appears to be overvalued.
The current stock price of NT$20.00 is trading 33.6% above its estimated GF Value™ of NT$14.97.
GuruFocus considers Evermore Chemical Industry Co to be Significantly Overvalued.
Key valuation signals for TPE:1735:
9-Day RSI: 31.20
GF Value™: NT$14.97 vs. price of NT$20.00 (33.6% above fair value)
Industry Position: 26.2% below the Chemicals median (#377 of 1650)
No single metric tells the full story. See the TPE:1735 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evermore Chemical Industry Co Business Description
Evermore Chemical Industry Co Ltd is engaged in the manufacturing and selling of synthetic resin, synthetic chemistry, and investment-related business operations. Its products are mainly organic polymers such as resins, ranging from polyurethane resin (PU), low free curing agent (LFT), polyester polyol resin (PE), and polyurethane system material (PUS) for synthetic leather to thermoplastic resin (TPU). These products have diverse applications and can be used in footwear, optoelectronics, textiles, and other industries, or in the manufacture of adhesives, coatings, inks, pipes, and other products. The Group's operating segments are: Domestic operations and Asia operations. Maximum revenue is derived from the Domestic operations segment, which includes manufacturing and sales in Taiwan.
72GF Score
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