Noritake Co (FRA:NO4) 9-Day RSI: 24.21 (As of Jul. 16, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

FRA:NO4 Noritake Co Ltd FRA:NO4
79 GF Score
Price €18.70
GF Value €11.44
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Noritake Co 9-Day RSI?

Noritake Co FRA:NO4 79 9-Day RSI is 24.21 as of Jul. 16, 2026. GuruFocus rates FRA:NO4 with a GF Score™ of 79/100 and a GF Value™ of €11.44 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 627 Conglomerates companies, Noritake Co ranks better than 89.79% 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.

As of today (2026-07-16), Noritake Co's 9-Day RSI is 24.21.

The industry rank for Noritake Co's 9-Day RSI or its related term are showing as below:

FRA:NO4's 9-Day RSI is ranked better than
89.79% of 627 companies
in the Conglomerates industry
Industry Median: 48.68 vs FRA:NO4: 24.21

Noritake Co  (FRA:NO4) 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.


Noritake Co 9-Day RSI Related Terms


FRA:NO4 vs HON, MMM: 9-Day RSI Comparison

For the Conglomerates subindustry, Noritake 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.


Noritake Co 9-Day RSI vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Noritake Co's 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Noritake Co's 9-Day RSI falls into.


FRA:NO4
79GF Score
Noritake Co Ltd FRA:NO4
9-Day RSI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Noritake Co  (FRA:NO4) 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.

Frequently Asked Questions Learn more about 9-Day RSI →
What does a 9-Day RSI of 24.21 mean?
Noritake Co (FRA:NO4) has a 9-Day RSI of 24.21 as of Jul. 16, 2026. According to the industry distribution chart, Noritake Co ranks #64 out of 627 companies in the Conglomerates industry, placing it in the top 10.2%.
Is Noritake Co's 9-Day RSI too high?
Noritake Co's current 9-Day RSI is 24.21. The Conglomerates industry median 9-Day RSI is 48.68. Noritake Co's value of 24.21 is 50.3% below this industry median. Based on the distribution chart, Noritake Co ranks #64 out of 627 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Noritake Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Noritake Co's 9-Day RSI compare to HON and MMM?
According to the Conglomerates industry distribution chart, Noritake Co ranks #64 out of 627 companies for 9-Day RSI. This places Noritake Co in the top 10% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 48.68. Noritake Co's value of 24.21 is 50.3% 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 Conglomerates company?
The median 9-Day RSI among Conglomerates companies is 48.68, based on 627 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. Noritake Co's current 9-Day RSI of 24.21 is 50.3% 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 Conglomerates industry, the median 9-Day RSI is 48.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noritake Co's current 9-Day RSI is 24.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noritake Co stock overvalued right now?
Based on GuruFocus' analysis, Noritake Co (FRA:NO4) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.44, compared to a current price of €18.70 — trading 63.5% above its estimated fair value. The current 9-Day RSI is 24.21 and 50.3% below the Conglomerates industry median of 48.68. Noritake Co's overall GF Score™ is 79/100 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 Noritake Co (FRA:NO4), the current 9-Day RSI is 24.21 as of Jul. 16, 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 Noritake Co (FRA:NO4) Overvalued in 2026?

Based on GuruFocus' analysis, Noritake Co stock appears to be overvalued. The current stock price of €18.70 is trading 63.5% above its estimated GF Value™ of €11.44. GuruFocus considers Noritake Co to be Significantly Overvalued.

Key valuation signals for FRA:NO4:

  • 9-Day RSI: 24.21
  • GF Value™: €11.44 vs. price of €18.70 (63.5% above fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 50.3% below the Conglomerates median (#64 of 627)

No single metric tells the full story. See the FRA:NO4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Noritake Co Business Description

Other Exchanges 5331:Japan
Address 3-1-36, Noritake-shinmachi, Nishi-ku, Nagoya-shi, Aichi, JPN, 451-8501
Noritake Co Ltd is engaged in manufacturing of grinding and polishing tools, electronic component materials and manufacturing equipment. The group has established four different business fields with the application and development of a variety of ceramics manufacturing technologies: Industrial Products, which supports industries with grinding wheels and diamond tools, Ceramics & Materials, which supplies ceramic raw materials to many kinds of manufacturers, Engineering which develops and proposes manufacturing equipment and technologies, and Tabletop, which offers tableware to create rich and luxurious dining.
79GF Score

Get the complete analysis for FRA:NO4

9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€18.70
Price
€11.44
GF Value