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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 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.
For the Textile Manufacturing subindustry, Ruentex Industries'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.
Ruentex Industries 9-Day RSI vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ruentex Industries's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Ruentex Industries'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.
Ruentex Industries (TPE:2915) has a 9-Day RSI of 44.73 as of Jul. 20, 2026. According to the industry distribution chart, Ruentex Industries ranks #513 out of 1165 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 44%.
Is Ruentex Industries' 9-Day RSI too high?
Ruentex Industries' current 9-Day RSI is 44.73. The Manufacturing - Apparel & Accessories industry median 9-Day RSI is 46.99. Ruentex Industries' value of 44.73 is 4.8% below this industry median. Based on the distribution chart, Ruentex Industries ranks #513 out of 1165 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Ruentex Industries has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ruentex Industries' 9-Day RSI compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ruentex Industries ranks #513 out of 1165 companies for 9-Day RSI. This puts Ruentex Industries in the upper half of its industry. The industry median 9-Day RSI is 46.99. Ruentex Industries' value of 44.73 is 4.8% 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 Manufacturing - Apparel & Accessories company?
The median 9-Day RSI among Manufacturing - Apparel & Accessories companies is 46.99, based on 1,165 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. Ruentex Industries's current 9-Day RSI of 44.73 is 4.8% 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 Manufacturing - Apparel & Accessories industry, the median 9-Day RSI is 46.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ruentex Industries's current 9-Day RSI is 44.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ruentex Industries stock overvalued right now?
Based on GuruFocus' analysis, Ruentex Industries (TPE:2915) is currently considered Fairly Valued. The stock's GF Value™ is NT$47.74, compared to a current price of NT$50.90 — trading 6.6% above its estimated fair value. The current 9-Day RSI is 44.73 and 4.8% below the Manufacturing - Apparel & Accessories industry median of 46.99. Ruentex Industries' overall GF Score™ is 71/100 with 6 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 Ruentex Industries (TPE:2915), the current 9-Day RSI is 44.73 as of Jul. 20, 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 Ruentex Industries (TPE:2915) Overvalued in 2026?
Based on GuruFocus' analysis, Ruentex Industries stock appears to be overvalued.
The current stock price of NT$50.90 is trading 6.6% above its estimated GF Value™ of NT$47.74.
GuruFocus considers Ruentex Industries to be Fairly Valued.
Key valuation signals for TPE:2915:
9-Day RSI: 44.73
GF Value™: NT$47.74 vs. price of NT$50.90 (6.6% above fair value)
Industry Position: 4.8% below the Manufacturing - Apparel & Accessories median (#513 of 1165)
No single metric tells the full story. See the TPE:2915 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ruentex Industries Ltd is principally engaged in textile businesses such as the manufacture, processing, dyeing, finishing, printing and marketing of woven fabrics, garments, knitted and woven products; construction businesses such as commissioning contractors to build residential housing and commercial buildings for lease and sale; and retail businesses involving the operation and management of department stores and markets as well as the import of goods for self-operated retail sales. Its segments are the Textile segment, the Retail segment, and the Hypermarket segment, which generate maximum revenue. The Group generates maximum revenue from Taiwan.
71GF Score
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