Elridge Energy Holdings BhdXKLS:0318 18 9-Day RSI is 82.65 as of Jul. 08, 2026. GuruFocus rates XKLS:0318 with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 551 Utilities - Independent Power Producers companies, Elridge Energy Holdings Bhd ranks worse than 98.55% 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.
Elridge Energy Holdings Bhd (XKLS:0318) 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.
Elridge Energy Holdings Bhd 9-Day RSI Related Terms
Elridge Energy Holdings Bhd 9-Day RSI Competitor Comparison
For the Utilities - Renewable subindustry, Elridge Energy Holdings Bhd'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.
Elridge Energy Holdings Bhd 9-Day RSI vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Elridge Energy Holdings Bhd's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Elridge Energy Holdings Bhd's 9-Day RSI falls into.
Elridge Energy Holdings Bhd (XKLS:0318) 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.
Elridge Energy Holdings Bhd (XKLS:0318) has a 9-Day RSI of 82.65 as of Jul. 08, 2026. According to the industry distribution chart, Elridge Energy Holdings Bhd ranks #543 out of 551 companies in the Utilities - Independent Power Producers industry, placing it in the top 98.5%.
Is Elridge Energy Holdings Bhd's 9-Day RSI too high?
Elridge Energy Holdings Bhd's current 9-Day RSI is 82.65. The Utilities - Independent Power Producers industry median 9-Day RSI is 42.84. Elridge Energy Holdings Bhd's value of 82.65 is 92.9% above this industry median. Based on the distribution chart, Elridge Energy Holdings Bhd ranks #543 out of 551 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Elridge Energy Holdings Bhd has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Elridge Energy Holdings Bhd's 9-Day RSI compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Elridge Energy Holdings Bhd ranks #543 out of 551 companies for 9-Day RSI. This places Elridge Energy Holdings Bhd in the lower half of its industry. The industry median 9-Day RSI is 42.84. Elridge Energy Holdings Bhd's value of 82.65 is 92.9% above 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 an Utilities - Independent Power Producers company?
The median 9-Day RSI among Utilities - Independent Power Producers companies is 42.84, based on 551 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. Elridge Energy Holdings Bhd's current 9-Day RSI of 82.65 is 92.9% above 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 Utilities - Independent Power Producers industry, the median 9-Day RSI is 42.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elridge Energy Holdings Bhd's current 9-Day RSI is 82.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elridge Energy Holdings Bhd stock overvalued right now?
Elridge Energy Holdings Bhd (XKLS:0318) has a current 9-Day RSI of 82.65. The current 9-Day RSI is 82.65 and 92.9% above the Utilities - Independent Power Producers industry median of 42.84. Elridge Energy Holdings Bhd's overall GF Score™ is 18/100 with 2 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 Elridge Energy Holdings Bhd (XKLS:0318), the current 9-Day RSI is 82.65 as of Jul. 08, 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.
Elridge Energy Holdings Bhd is an investment holding company. Along with its subsidiaries, it is principally involved in the manufacturing and trading of biomass fuel products, particularly Palm Kernel Shells (PKS) and wood pellets. Geographically, the group generates a majority of its revenue from Malaysia, followed by Indonesia, Japan, Singapore, and Thailand.
18GF Score
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