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 (2026-07-09), Mayer Steel Pipe's 9-Day RSI is 45.62.
The industry rank for Mayer Steel Pipe's 9-Day RSI or its related term are showing as below:
TPE:2020's 9-Day RSI is ranked better than 55.05% of 654
companies
in the Steel industry
Industry Median: 41.94
vs TPE:2020: 45.62
Mayer Steel Pipe (TPE:2020) 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.
Mayer Steel Pipe 9-Day RSI Related Terms
TPE:2020 vs NUE, STLD, RS: 9-Day RSI Comparison
For the Steel subindustry, Mayer Steel Pipe'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.
Mayer Steel Pipe 9-Day RSI vs Steel Industry
For the Steel industry and Basic Materials sector, Mayer Steel Pipe's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Mayer Steel Pipe'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.
Mayer Steel Pipe (TPE:2020) has a 9-Day RSI of 45.62 as of Jul. 09, 2026. According to the industry distribution chart, Mayer Steel Pipe ranks #294 out of 654 companies in the Steel industry, placing it in the top 45%.
Is Mayer Steel Pipe's 9-Day RSI too high?
Mayer Steel Pipe's current 9-Day RSI is 45.62. The Steel industry median 9-Day RSI is 41.94. Mayer Steel Pipe's value of 45.62 is 8.8% above this industry median. Based on the distribution chart, Mayer Steel Pipe ranks #294 out of 654 companies in the Steel industry, which is above the industry midpoint. Overall, Mayer Steel Pipe has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mayer Steel Pipe's 9-Day RSI compare to NUE and STLD?
According to the Steel industry distribution chart, Mayer Steel Pipe ranks #294 out of 654 companies for 9-Day RSI. This puts Mayer Steel Pipe in the upper half of its industry. The industry median 9-Day RSI is 41.94. Mayer Steel Pipe's value of 45.62 is 8.8% above 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. Mayer Steel Pipe's current 9-Day RSI of 45.62 is 8.8% above 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. Mayer Steel Pipe's current 9-Day RSI is 45.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayer Steel Pipe stock overvalued right now?
Based on GuruFocus' analysis, Mayer Steel Pipe (TPE:2020) is currently considered Fairly Valued. The stock's GF Value™ is NT$20.90, compared to a current price of NT$21.45 — trading 2.6% above its estimated fair value. The current 9-Day RSI is 45.62 and 8.8% above the Steel industry median of 41.94. Mayer Steel Pipe's overall GF Score™ is 75/100 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 Mayer Steel Pipe (TPE:2020), the current 9-Day RSI is 45.62 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 Mayer Steel Pipe (TPE:2020) Overvalued in 2026?
Based on GuruFocus' analysis, Mayer Steel Pipe stock appears to be overvalued.
The current stock price of NT$21.45 is trading 2.6% above its estimated GF Value™ of NT$20.90.
GuruFocus considers Mayer Steel Pipe to be Fairly Valued.
Key valuation signals for TPE:2020:
9-Day RSI: 45.62
GF Value™: NT$20.90 vs. price of NT$21.45 (2.6% above fair value)
Industry Position: 8.8% above the Steel median (#294 of 654)
No single metric tells the full story. See the TPE:2020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mayer Steel Pipe Corp operates as a steel pipe manufacturer in Taiwan. The primary business of the company and its entities is engaged in the production and sales of black steel pipes, galvanized steel pipes and stainless-steel coils for pipes. The company's reportable segments are the Steel Segment, Real Estate Investment Segment, Investment Segment, and Hotel Services Segment. The majority of revenue is derived from the Steel department, which focuses on the production and sales of black steel pipes, zinc-coated steel pipes, and stainless-steel coils for Pipes. Geographically it generates maximum revenue from Taiwan and the rest from Vietnam, Thailand, and other regions.
75GF 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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