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 (2026-07-11), Magyar Bancorp's 9-Day RSI is 43.52.
The industry rank for Magyar Bancorp's 9-Day RSI or its related term are showing as below:
MGYR's 9-Day RSI is ranked better than 70.64% of 1604
companies
in the Banks industry
Industry Median: 53.8
vs MGYR: 43.52
Magyar Bancorp (NAS:MGYR) 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.
Magyar Bancorp 9-Day RSI Related Terms
MGYR vs CWBK, JFBC, UNB: 9-Day RSI Comparison
For the Banks - Regional subindustry, Magyar Bancorp'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.
Magyar Bancorp 9-Day RSI vs Banks Industry
For the Banks industry and Financial Services sector, Magyar Bancorp's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Magyar Bancorp's 9-Day RSI falls into.
* 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.
Magyar Bancorp (MGYR) has a 9-Day RSI of 43.52 as of Jul. 11, 2026. According to the industry distribution chart, Magyar Bancorp ranks #471 out of 1604 companies in the Banks industry, placing it in the top 29.4%.
Is Magyar Bancorp's 9-Day RSI too high?
Magyar Bancorp's current 9-Day RSI is 43.52. The Banks industry median 9-Day RSI is 53.80. Magyar Bancorp's value of 43.52 is 19.1% below this industry median. Based on the distribution chart, Magyar Bancorp ranks #471 out of 1604 companies in the Banks industry, which is above the industry midpoint. Overall, Magyar Bancorp has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Magyar Bancorp's 9-Day RSI compare to CWBK and JFBC?
According to the Banks industry distribution chart, Magyar Bancorp ranks #471 out of 1604 companies for 9-Day RSI. This puts Magyar Bancorp in the upper half of its industry. The industry median 9-Day RSI is 53.80. Magyar Bancorp's value of 43.52 is 19.1% 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 Banks company?
The median 9-Day RSI among Banks companies is 53.80, based on 1,604 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. Magyar Bancorp's current 9-Day RSI of 43.52 is 19.1% 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 Banks industry, the median 9-Day RSI is 53.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magyar Bancorp's current 9-Day RSI is 43.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magyar Bancorp stock overvalued right now?
Based on GuruFocus' analysis, Magyar Bancorp (MGYR) is currently considered Fairly Valued. The stock's GF Value™ is $16.33, compared to a current price of $17.35 — trading 6.2% above its estimated fair value. The current 9-Day RSI is 43.52 and 19.1% below the Banks industry median of 53.80. Magyar Bancorp's overall GF Score™ is 65/100 with 5 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 Magyar Bancorp (MGYR), the current 9-Day RSI is 43.52 as of Jul. 11, 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 Magyar Bancorp (MGYR) Overvalued in 2026?
Based on GuruFocus' analysis, Magyar Bancorp stock appears to be overvalued.
The current stock price of $17.35 is trading 6.2% above its estimated GF Value™ of $16.33.
GuruFocus considers Magyar Bancorp to be Fairly Valued.
Key valuation signals for MGYR:
9-Day RSI: 43.52
GF Value™: $16.33 vs. price of $17.35 (6.2% above fair value)
Industry Position: 19.1% below the Banks median (#471 of 1604)
No single metric tells the full story. See the MGYR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magyar Bancorp Inc is an independent, community financial services provider offering traditional banking services to individual, business, and government customers. The Company attracts retail deposits through its main office in New Brunswick, New Jersey, and branch offices in Middlesex and Somerset Counties, and invests those funds mainly in commercial and residential real estate loans, commercial business loans, SBA loans, home equity loans and lines of credit, construction and land loans, and investment securities. Revenues are derived mainly from interest on loans and securities and from fees and service charges, with lending relationships focused on small to mid-sized businesses and individual consumers in central and northern New Jersey.
65GF Score
Get the complete analysis for MGYR
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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