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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 ELTA Technology Co's 9-Day RSI or its related term are showing as below:
TPE:8487's 9-Day RSI is ranked better than 83.33% of 1050
companies
in the Media - Diversified industry
Industry Median: 46.425
vs TPE:8487: 32.90
ELTA Technology Co (TPE:8487) 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.
ELTA Technology Co 9-Day RSI Related Terms
TPE:8487 vs NFLX, DIS, WBD: 9-Day RSI Comparison
For the Entertainment subindustry, ELTA Technology 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.
ELTA Technology Co 9-Day RSI vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, ELTA Technology Co's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where ELTA Technology Co's 9-Day RSI falls into.
ELTA Technology Co (TPE:8487) 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.
ELTA Technology Co (TPE:8487) has a 9-Day RSI of 32.90 as of Jul. 15, 2026. According to the industry distribution chart, ELTA Technology Co ranks #175 out of 1050 companies in the Media - Diversified industry, placing it in the top 16.7%.
Is ELTA Technology Co's 9-Day RSI too high?
ELTA Technology Co's current 9-Day RSI is 32.90. The Media - Diversified industry median 9-Day RSI is 46.43. ELTA Technology Co's value of 32.90 is 29.1% below this industry median. Based on the distribution chart, ELTA Technology Co ranks #175 out of 1050 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, ELTA Technology Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ELTA Technology Co's 9-Day RSI compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, ELTA Technology Co ranks #175 out of 1050 companies for 9-Day RSI. This places ELTA Technology Co in the top 17% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 46.43. ELTA Technology Co's value of 32.90 is 29.1% 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 Media - Diversified company?
The median 9-Day RSI among Media - Diversified companies is 46.43, based on 1,050 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. ELTA Technology Co's current 9-Day RSI of 32.90 is 29.1% 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 Media - Diversified industry, the median 9-Day RSI is 46.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ELTA Technology Co's current 9-Day RSI is 32.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ELTA Technology Co stock overvalued right now?
Based on GuruFocus' analysis, ELTA Technology Co (TPE:8487) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$44.36, compared to a current price of NT$75.90 — trading 71.1% above its estimated fair value. The current 9-Day RSI is 32.90 and 29.1% below the Media - Diversified industry median of 46.43. ELTA Technology Co's overall GF Score™ is 72/100 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 ELTA Technology Co (TPE:8487), the current 9-Day RSI is 32.90 as of Jul. 15, 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 ELTA Technology Co (TPE:8487) Overvalued in 2026?
Based on GuruFocus' analysis, ELTA Technology Co stock appears to be overvalued.
The current stock price of NT$75.90 is trading 71.1% above its estimated GF Value™ of NT$44.36.
GuruFocus considers ELTA Technology Co to be Significantly Overvalued.
Key valuation signals for TPE:8487:
9-Day RSI: 32.90
GF Value™: NT$44.36 vs. price of NT$75.90 (71.1% above fair value)
Industry Position: 29.1% below the Media - Diversified median (#175 of 1050)
No single metric tells the full story. See the TPE:8487 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ELTA Technology Co is a Taiwan-based company engaged in the provision of digital audio and video content, digital audio and video channel operations, and media ads broadcasting services. The company provides (IPTV) digital multimedia transmission platform (MOD) and over-the-top media service (OTT) platform. The company generates a majority of its revenue from the Content and channel operation departments and the rest from other activities.
72GF Score
Get the complete analysis for TPE:8487
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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