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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 Tex Year Industries Co's 9-Day RSI or its related term are showing as below:
TPE:4720's 9-Day RSI is ranked better than 88.55% of 1650
companies
in the Chemicals industry
Industry Median: 42.21
vs TPE:4720: 24.46
Tex Year Industries Co (TPE:4720) 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.
Tex Year Industries Co 9-Day RSI Related Terms
TPE:4720 vs LIN, SHW, ECL: 9-Day RSI Comparison
For the Specialty Chemicals subindustry, Tex Year Industries 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.
Tex Year Industries Co 9-Day RSI vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Tex Year Industries Co's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Tex Year Industries Co's 9-Day RSI falls into.
Tex Year Industries Co (TPE:4720) 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.
Tex Year Industries Co (TPE:4720) has a 9-Day RSI of 24.46 as of Jul. 20, 2026. According to the industry distribution chart, Tex Year Industries Co ranks #189 out of 1650 companies in the Chemicals industry, placing it in the top 11.5%.
Is Tex Year Industries Co's 9-Day RSI too high?
Tex Year Industries Co's current 9-Day RSI is 24.46. The Chemicals industry median 9-Day RSI is 42.21. Tex Year Industries Co's value of 24.46 is 42.1% below this industry median. Based on the distribution chart, Tex Year Industries Co ranks #189 out of 1650 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Tex Year Industries Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tex Year Industries Co's 9-Day RSI compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tex Year Industries Co ranks #189 out of 1650 companies for 9-Day RSI. This places Tex Year Industries Co in the top 12% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 42.21. Tex Year Industries Co's value of 24.46 is 42.1% 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 Chemicals company?
The median 9-Day RSI among Chemicals companies is 42.21, based on 1,650 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. Tex Year Industries Co's current 9-Day RSI of 24.46 is 42.1% 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 Chemicals industry, the median 9-Day RSI is 42.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tex Year Industries Co's current 9-Day RSI is 24.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tex Year Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Tex Year Industries Co (TPE:4720) is currently considered Fairly Valued. The stock's GF Value™ is NT$21.58, compared to a current price of NT$20.10 — trading 6.9% below its estimated fair value. The current 9-Day RSI is 24.46 and 42.1% below the Chemicals industry median of 42.21. Tex Year Industries Co's overall GF Score™ is 79/100 with 4 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 Tex Year Industries Co (TPE:4720), the current 9-Day RSI is 24.46 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 Tex Year Industries Co (TPE:4720) Overvalued in 2026?
Based on GuruFocus' analysis, Tex Year Industries Co stock appears to be undervalued.
The current stock price of NT$20.10 is trading 6.9% below its estimated GF Value™ of NT$21.58.
GuruFocus considers Tex Year Industries Co to be Fairly Valued.
Key valuation signals for TPE:4720:
9-Day RSI: 24.46
GF Value™: NT$21.58 vs. price of NT$20.10 (6.9% below fair value)
Industry Position: 42.1% below the Chemicals median (#189 of 1650)
No single metric tells the full story. See the TPE:4720 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tex Year Industries Co Ltd is engaged in the production and sales of eco-friendly hot melt adhesive and other adhesives, special chemicals for the electronic industry, the production and sales of air filter materials, trading of medical equipment, and biodegradable products, and the production and sales of green materials and solutions. Its products include hot melt adhesive, specialty chemicals, dental supplies, vibrating equipment, WE know filtration, water-based pressure sensitive, and UV/visible light curing glue. Its segments include the chemical business in Taiwan, the mainland China business and others of which the mainland China business generates the majority of the revenue.
79GF Score
Get the complete analysis for TPE:4720
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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