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:2008's 9-Day RSI is ranked better than 59.88% of 653
companies
in the Steel industry
Industry Median: 46.07
vs TPE:2008: 42.99
Kao Hsing Chang Iron & Steel (TPE:2008) 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.
Kao Hsing Chang Iron & Steel 9-Day RSI Related Terms
TPE:2008 vs NUE, STLD, RS: 9-Day RSI Comparison
For the Steel subindustry, Kao Hsing Chang Iron & 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.
Kao Hsing Chang Iron & Steel 9-Day RSI vs Steel Industry
For the Steel industry and Basic Materials sector, Kao Hsing Chang Iron & Steel's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Kao Hsing Chang Iron & Steel's 9-Day RSI falls into.
Kao Hsing Chang Iron & Steel (TPE:2008) 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.
Kao Hsing Chang Iron & Steel (TPE:2008) has a 9-Day RSI of 42.99 as of Jul. 12, 2026. According to the industry distribution chart, Kao Hsing Chang Iron & Steel ranks #262 out of 653 companies in the Steel industry, placing it in the top 40.1%.
Is Kao Hsing Chang Iron & Steel's 9-Day RSI too high?
Kao Hsing Chang Iron & Steel's current 9-Day RSI is 42.99. The Steel industry median 9-Day RSI is 46.07. Kao Hsing Chang Iron & Steel's value of 42.99 is 6.7% below this industry median. Based on the distribution chart, Kao Hsing Chang Iron & Steel ranks #262 out of 653 companies in the Steel industry, which is above the industry midpoint. Overall, Kao Hsing Chang Iron & Steel has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kao Hsing Chang Iron & Steel's 9-Day RSI compare to NUE and STLD?
According to the Steel industry distribution chart, Kao Hsing Chang Iron & Steel ranks #262 out of 653 companies for 9-Day RSI. This puts Kao Hsing Chang Iron & Steel in the upper half of its industry. The industry median 9-Day RSI is 46.07. Kao Hsing Chang Iron & Steel's value of 42.99 is 6.7% 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 46.07, based on 653 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. Kao Hsing Chang Iron & Steel's current 9-Day RSI of 42.99 is 6.7% 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 46.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kao Hsing Chang Iron & Steel's current 9-Day RSI is 42.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kao Hsing Chang Iron & Steel stock overvalued right now?
Based on GuruFocus' analysis, Kao Hsing Chang Iron & Steel (TPE:2008) is currently considered Fairly Valued. The stock's GF Value™ is NT$27.92, compared to a current price of NT$29.85 — trading 6.9% above its estimated fair value. The current 9-Day RSI is 42.99 and 6.7% below the Steel industry median of 46.07. Kao Hsing Chang Iron & Steel's overall GF Score™ is 73/100 with 9 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 Kao Hsing Chang Iron & Steel (TPE:2008), the current 9-Day RSI is 42.99 as of Jul. 12, 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 Kao Hsing Chang Iron & Steel (TPE:2008) Overvalued in 2026?
Based on GuruFocus' analysis, Kao Hsing Chang Iron & Steel stock appears to be overvalued.
The current stock price of NT$29.85 is trading 6.9% above its estimated GF Value™ of NT$27.92.
GuruFocus considers Kao Hsing Chang Iron & Steel to be Fairly Valued.
Key valuation signals for TPE:2008:
9-Day RSI: 42.99
GF Value™: NT$27.92 vs. price of NT$29.85 (6.9% above fair value)
Industry Position: 6.7% below the Steel median (#262 of 653)
No single metric tells the full story. See the TPE:2008 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kao Hsing Chang Iron & Steel Corp is engaged in the manufacturing, processing, and trading of steel pipes and cold-rolled steel sheets; manufacturing of metal architectural components; leasing; carpark management; and wholesale of other products. The majority of its revenue comes from the steel pipe department. Its geographical segments are Taiwan, United States and Japan, of which the majority of the revenue comes from Taiwan.
73GF Score
Get the complete analysis for TPE:2008
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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