Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Element 29 ResourcesTSXV:ECU -0.68%39 9-Day RSI is 39.47 as of Jul. 14, 2026. GuruFocus rates TSXV:ECU with a GF Score™ of 39/100. The stock has 1 warning sign investors should review. Among 2,683 Metals & Mining companies, Element 29 Resources ranks better than 60.9% on this metric.
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 Element 29 Resources's 9-Day RSI or its related term are showing as below:
TSXV:ECU's 9-Day RSI is ranked better than 60.9% of 2683
companies
in the Metals & Mining industry
Industry Median: 42.3
vs TSXV:ECU: 39.47
Element 29 Resources (TSXV:ECU) 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.
Element 29 Resources 9-Day RSI Related Terms
TSXV:ECU vs SCCO, FCX: 9-Day RSI Comparison
For the Copper subindustry, Element 29 Resources'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.
Element 29 Resources 9-Day RSI vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Element 29 Resources's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Element 29 Resources's 9-Day RSI falls into.
Element 29 Resources (TSXV:ECU) 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.
Element 29 Resources (TSXV:ECU) has a 9-Day RSI of 39.47 as of Jul. 14, 2026. According to the industry distribution chart, Element 29 Resources ranks #1049 out of 2683 companies in the Metals & Mining industry, placing it in the top 39.1%.
Is Element 29 Resources' 9-Day RSI too high?
Element 29 Resources' current 9-Day RSI is 39.47. The Metals & Mining industry median 9-Day RSI is 42.30. Element 29 Resources' value of 39.47 is 6.7% below this industry median. Based on the distribution chart, Element 29 Resources ranks #1049 out of 2683 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Element 29 Resources has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Element 29 Resources' 9-Day RSI compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Element 29 Resources ranks #1049 out of 2683 companies for 9-Day RSI. This puts Element 29 Resources in the upper half of its industry. The industry median 9-Day RSI is 42.30. Element 29 Resources' value of 39.47 is 6.7% 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 Metals & Mining company?
The median 9-Day RSI among Metals & Mining companies is 42.30, based on 2,683 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. Element 29 Resources's current 9-Day RSI of 39.47 is 6.7% 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 Metals & Mining industry, the median 9-Day RSI is 42.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Element 29 Resources's current 9-Day RSI is 39.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Element 29 Resources stock overvalued right now?
Element 29 Resources (TSXV:ECU) has a current 9-Day RSI of 39.47. The current 9-Day RSI is 39.47 and 6.7% below the Metals & Mining industry median of 42.30. Element 29 Resources' overall GF Score™ is 39/100 with 1 warning sign 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 Element 29 Resources (TSXV:ECU), the current 9-Day RSI is 39.47 as of Jul. 14, 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.
Element 29 Resources Inc is focused on the exploration of mineral property interests in Peru. The Company has one business segment, the exploration of mineral properties. The Company is focused on growing its porphyry copper-molybdenum-silver resource inventory at Elida while continuing to explore for new porphyry copper deposits on its titled concessions in Peru. Its projects include the Flor de Cobre copper project, Elida copper project, Pahuay copper skarn project, and Paka copper skarn project.
39GF Score
Get the complete analysis for TSXV:ECU
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSXV:ECU has been successfully added to your 
