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:2010's 9-Day RSI is ranked better than 94.34% of 654
companies
in the Steel industry
Industry Median: 41.94
vs TPE:2010: 27.86
Chun Yuan Steel Industry Co (TPE:2010) 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.
Chun Yuan Steel Industry Co 9-Day RSI Related Terms
TPE:2010 vs NUE, STLD, RS: 9-Day RSI Comparison
For the Steel subindustry, Chun Yuan Steel 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.
Chun Yuan Steel Industry Co 9-Day RSI vs Steel Industry
For the Steel industry and Basic Materials sector, Chun Yuan Steel Industry Co's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Chun Yuan Steel Industry Co's 9-Day RSI falls into.
Chun Yuan Steel Industry Co (TPE:2010) 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.
Chun Yuan Steel Industry Co (TPE:2010) has a 9-Day RSI of 27.86 as of Jul. 09, 2026. According to the industry distribution chart, Chun Yuan Steel Industry Co ranks #37 out of 654 companies in the Steel industry, placing it in the top 5.7%.
Is Chun Yuan Steel Industry Co's 9-Day RSI too high?
Chun Yuan Steel Industry Co's current 9-Day RSI is 27.86. The Steel industry median 9-Day RSI is 41.94. Chun Yuan Steel Industry Co's value of 27.86 is 33.6% below this industry median. Based on the distribution chart, Chun Yuan Steel Industry Co ranks #37 out of 654 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Chun Yuan Steel Industry Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chun Yuan Steel Industry Co's 9-Day RSI compare to NUE and STLD?
According to the Steel industry distribution chart, Chun Yuan Steel Industry Co ranks #37 out of 654 companies for 9-Day RSI. This places Chun Yuan Steel Industry Co in the top 6% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 41.94. Chun Yuan Steel Industry Co's value of 27.86 is 33.6% 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 41.94, based on 654 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. Chun Yuan Steel Industry Co's current 9-Day RSI of 27.86 is 33.6% 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 41.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chun Yuan Steel Industry Co's current 9-Day RSI is 27.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chun Yuan Steel Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Chun Yuan Steel Industry Co (TPE:2010) is currently considered Fairly Valued. The stock's GF Value™ is NT$19.76, compared to a current price of NT$21.35 — trading 8% above its estimated fair value. The current 9-Day RSI is 27.86 and 33.6% below the Steel industry median of 41.94. Chun Yuan Steel Industry Co's overall GF Score™ is 75/100 with 2 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 Chun Yuan Steel Industry Co (TPE:2010), the current 9-Day RSI is 27.86 as of Jul. 09, 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 Chun Yuan Steel Industry Co (TPE:2010) Overvalued in 2026?
Based on GuruFocus' analysis, Chun Yuan Steel Industry Co stock appears to be overvalued.
The current stock price of NT$21.35 is trading 8% above its estimated GF Value™ of NT$19.76.
GuruFocus considers Chun Yuan Steel Industry Co to be Fairly Valued.
Key valuation signals for TPE:2010:
9-Day RSI: 27.86
GF Value™: NT$19.76 vs. price of NT$21.35 (8% above fair value)
Industry Position: 33.6% below the Steel median (#37 of 654)
No single metric tells the full story. See the TPE:2010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chun Yuan Steel Industry Co Ltd manufactures steel products. The company engaged in the manufacturing, processing, and trading of steel plates, silicon steel sheets, container parts, special steel materials, H-beam steel undertaking of steel structure constructions, etc. Geographically, it derives a majority of revenue from the Taiwan market.
75GF Score
Get the complete analysis for TPE:2010
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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