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.
As of today (2026-07-01), China Steel's 9-Day RSI is 40.79.
The industry rank for China Steel's 9-Day RSI or its related term are showing as below:
TPE:2002's 9-Day RSI is ranked worse than 58.47% of 655
companies
in the Steel industry
Industry Median: 41.51
vs TPE:2002: 40.79
China Steel (TPE:2002) 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.
China Steel 9-Day RSI Related Terms
TPE:2002 vs NUE, STLD, RS: 9-Day RSI Comparison
For the Steel subindustry, China Steel'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.
China Steel 9-Day RSI vs Steel Industry
For the Steel industry and Basic Materials sector, China Steel's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where China Steel's 9-Day RSI falls into.
* 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.
China Steel (TPE:2002) has a 9-Day RSI of 40.79 as of Jul. 01, 2026. According to the industry distribution chart, China Steel ranks #383 out of 655 companies in the Steel industry, placing it in the top 58.5%.
Is China Steel's 9-Day RSI too high?
China Steel's current 9-Day RSI is 40.79. The Steel industry median 9-Day RSI is 41.51. China Steel's value of 40.79 is 1.7% below this industry median. Based on the distribution chart, China Steel ranks #383 out of 655 companies in the Steel industry, which is below the industry midpoint. Overall, China Steel has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Steel's 9-Day RSI compare to NUE and STLD?
According to the Steel industry distribution chart, China Steel ranks #383 out of 655 companies for 9-Day RSI. This places China Steel in the lower half of its industry. The industry median 9-Day RSI is 41.51. China Steel's value of 40.79 is 1.7% 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 Steel company?
The median 9-Day RSI among Steel companies is 41.51, based on 655 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. China Steel's current 9-Day RSI of 40.79 is 1.7% 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 Steel industry, the median 9-Day RSI is 41.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Steel's current 9-Day RSI is 40.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Steel stock overvalued right now?
Based on GuruFocus' analysis, China Steel (TPE:2002) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$20.82, compared to a current price of NT$18.65 — trading 10.4% below its estimated fair value. The current 9-Day RSI is 40.79 and 1.7% below the Steel industry median of 41.51. China Steel's overall GF Score™ is 67/100 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 China Steel (TPE:2002), the current 9-Day RSI is 40.79 as of Jul. 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 China Steel (TPE:2002) Overvalued in 2026?
Based on GuruFocus' analysis, China Steel stock appears to be undervalued.
The current stock price of NT$18.65 is trading 10.4% below its estimated GF Value™ of NT$20.82.
GuruFocus considers China Steel to be Modestly Undervalued.
Key valuation signals for TPE:2002:
9-Day RSI: 40.79
GF Value™: NT$20.82 vs. price of NT$18.65 (10.4% below fair value)
Industry Position: 1.7% below the Steel median (#383 of 655)
No single metric tells the full story. See the TPE:2002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Steel Corp is a steelmaker in Taiwan. It manufactures and sells steel products and engages in mechanical, communications, and electrical engineering. The company's product portfolio includes plates, bars, wire rods, hot and cold rolled coils, electro-galvanized coils, electrical steel coils, and hot-dip galvanized coils. Along with its subsidiaries, the company operates in the following reportable segments: Steel Department and Non-Steel Department. A majority of its revenue is generated from the Steel department segment, which manufactures and sells steel products. Geographically, the company derives maximum revenue from Taiwan, followed by Vietnam, Malaysia, India, China, and other regions.
67GF Score
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9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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