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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 Hwa Fong Rubber Ind Co's 9-Day RSI or its related term are showing as below:
TPE:2109's 9-Day RSI is ranked worse than 67.88% of 1351
companies
in the Vehicles & Parts industry
Industry Median: 47.94
vs TPE:2109: 44.30
Hwa Fong Rubber Ind Co (TPE:2109) 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.
Hwa Fong Rubber Ind Co 9-Day RSI Related Terms
TPE:2109 vs ORLY, AZO: 9-Day RSI Comparison
For the Auto Parts subindustry, Hwa Fong Rubber Ind 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.
Hwa Fong Rubber Ind Co 9-Day RSI vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hwa Fong Rubber Ind Co's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Hwa Fong Rubber Ind Co's 9-Day RSI falls into.
Hwa Fong Rubber Ind Co (TPE:2109) 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.
Hwa Fong Rubber Ind Co (TPE:2109) has a 9-Day RSI of 44.30 as of Jul. 18, 2026. According to the industry distribution chart, Hwa Fong Rubber Ind Co ranks #917 out of 1351 companies in the Vehicles & Parts industry, placing it in the top 67.9%.
Is Hwa Fong Rubber Ind Co's 9-Day RSI too high?
Hwa Fong Rubber Ind Co's current 9-Day RSI is 44.30. The Vehicles & Parts industry median 9-Day RSI is 47.94. Hwa Fong Rubber Ind Co's value of 44.30 is 7.6% below this industry median. Based on the distribution chart, Hwa Fong Rubber Ind Co ranks #917 out of 1351 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Hwa Fong Rubber Ind Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hwa Fong Rubber Ind Co's 9-Day RSI compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hwa Fong Rubber Ind Co ranks #917 out of 1351 companies for 9-Day RSI. This places Hwa Fong Rubber Ind Co in the lower half of its industry. The industry median 9-Day RSI is 47.94. Hwa Fong Rubber Ind Co's value of 44.30 is 7.6% 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 Vehicles & Parts company?
The median 9-Day RSI among Vehicles & Parts companies is 47.94, based on 1,351 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. Hwa Fong Rubber Ind Co's current 9-Day RSI of 44.30 is 7.6% 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 Vehicles & Parts industry, the median 9-Day RSI is 47.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hwa Fong Rubber Ind Co's current 9-Day RSI is 44.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwa Fong Rubber Ind Co stock overvalued right now?
Based on GuruFocus' analysis, Hwa Fong Rubber Ind Co (TPE:2109) is currently considered Fairly Valued. The stock's GF Value™ is NT$14.77, compared to a current price of NT$14.60 — trading 1.2% below its estimated fair value. The current 9-Day RSI is 44.30 and 7.6% below the Vehicles & Parts industry median of 47.94. Hwa Fong Rubber Ind Co's overall GF Score™ is 73/100 with 3 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 Hwa Fong Rubber Ind Co (TPE:2109), the current 9-Day RSI is 44.30 as of Jul. 18, 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 Hwa Fong Rubber Ind Co (TPE:2109) Overvalued in 2026?
Based on GuruFocus' analysis, Hwa Fong Rubber Ind Co stock appears to be undervalued.
The current stock price of NT$14.60 is trading 1.2% below its estimated GF Value™ of NT$14.77.
GuruFocus considers Hwa Fong Rubber Ind Co to be Fairly Valued.
Key valuation signals for TPE:2109:
9-Day RSI: 44.30
GF Value™: NT$14.77 vs. price of NT$14.60 (1.2% below fair value)
Industry Position: 7.6% below the Vehicles & Parts median (#917 of 1351)
No single metric tells the full story. See the TPE:2109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hwa Fong Rubber Ind Co Ltd is a Taiwan-based company engaged in the manufacture, processing, domestic and foreign sales, import and export of rubber and plastic products. The company is engaged in the manufacture, processing, distribution, and trading of inner and outer bicycle tubes for automobiles, agricultural vehicles, recreational vehicles, light trucks, and radial tires. The company's reportable segments from a geographical perspective are Taiwan, Thailand, the United States of America, China and Other areas. The company generates the majority of its revenue from Other Areas.
73GF Score
Get the complete analysis for TPE:2109
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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