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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.
The industry rank for Hsin Kuang Steel Co's 9-Day RSI or its related term are showing as below:
TPE:2031's 9-Day RSI is ranked worse than 82.39% of 653
companies
in the Steel industry
Industry Median: 48.52
vs TPE:2031: 59.14
Hsin Kuang Steel Co (TPE:2031) 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.
Hsin Kuang Steel Co 9-Day RSI Related Terms
TPE:2031 vs NUE, STLD, RS: 9-Day RSI Comparison
For the Steel subindustry, Hsin Kuang Steel 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.
Hsin Kuang Steel Co 9-Day RSI vs Steel Industry
For the Steel industry and Basic Materials sector, Hsin Kuang Steel Co's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Hsin Kuang Steel Co's 9-Day RSI falls into.
Hsin Kuang Steel Co (TPE:2031) 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.
Hsin Kuang Steel Co (TPE:2031) has a 9-Day RSI of 59.14 as of Jul. 25, 2026. According to the industry distribution chart, Hsin Kuang Steel Co ranks #538 out of 653 companies in the Steel industry, placing it in the top 82.4%.
Is Hsin Kuang Steel Co's 9-Day RSI too high?
Hsin Kuang Steel Co's current 9-Day RSI is 59.14. The Steel industry median 9-Day RSI is 48.52. Hsin Kuang Steel Co's value of 59.14 is 21.9% above this industry median. Based on the distribution chart, Hsin Kuang Steel Co ranks #538 out of 653 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Hsin Kuang Steel Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hsin Kuang Steel Co's 9-Day RSI compare to NUE and STLD?
According to the Steel industry distribution chart, Hsin Kuang Steel Co ranks #538 out of 653 companies for 9-Day RSI. This places Hsin Kuang Steel Co in the lower half of its industry. The industry median 9-Day RSI is 48.52. Hsin Kuang Steel Co's value of 59.14 is 21.9% 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 48.52, 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. Hsin Kuang Steel Co's current 9-Day RSI of 59.14 is 21.9% 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 48.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hsin Kuang Steel Co's current 9-Day RSI is 59.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsin Kuang Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Hsin Kuang Steel Co (TPE:2031) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$52.48, compared to a current price of NT$40.15 — trading 23.5% below its estimated fair value. The current 9-Day RSI is 59.14 and 21.9% above the Steel industry median of 48.52. Hsin Kuang Steel Co's overall GF Score™ is 80/100 with 8 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 Hsin Kuang Steel Co (TPE:2031), the current 9-Day RSI is 59.14 as of Jul. 25, 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 Hsin Kuang Steel Co (TPE:2031) Overvalued in 2026?
Based on GuruFocus' analysis, Hsin Kuang Steel Co stock appears to be undervalued.
The current stock price of NT$40.15 is trading 23.5% below its estimated GF Value™ of NT$52.48.
GuruFocus considers Hsin Kuang Steel Co to be Modestly Undervalued.
Key valuation signals for TPE:2031:
9-Day RSI: 59.14
GF Value™: NT$52.48 vs. price of NT$40.15 (23.5% below fair value)
Industry Position: 21.9% above the Steel median (#538 of 653)
No single metric tells the full story. See the TPE:2031 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hsin Kuang Steel Co Ltd manufactures and sells steel products. The business activities of the group include cutting, stamping, and the sale of steel products, including steel coils, steel plates, stainless steel, alloy steel, special steel, and SuperDyma. Geographically, its business activities are carried out across Taiwan. The company operates in four segments, which include Steel - Direct Sales, Steel - Manufacturing Sales, Construction Projects, and Leases. The majority of its revenue is generated from the Steel-Direct Sales Segment. Geographically, operates in Taiwan.
80GF 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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