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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.
As of today (2026-07-25), Medinet Co's 9-Day RSI is 56.35.
The industry rank for Medinet Co's 9-Day RSI or its related term are showing as below:
TSE:2370's 9-Day RSI is ranked better than 69.34% of 1422
companies
in the Biotechnology industry
Industry Median: 44.67
vs TSE:2370: 56.35
Medinet Co (TSE:2370) 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.
Medinet Co 9-Day RSI Related Terms
TSE:2370 vs VRTX, REGN, ALNY: 9-Day RSI Comparison
For the Biotechnology subindustry, Medinet 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.
Medinet Co 9-Day RSI vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Medinet Co's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Medinet Co'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.
Medinet Co (TSE:2370) has a 9-Day RSI of 56.35 as of Jul. 25, 2026. According to the industry distribution chart, Medinet Co ranks #436 out of 1422 companies in the Biotechnology industry, placing it in the top 30.7%.
Is Medinet Co's 9-Day RSI too high?
Medinet Co's current 9-Day RSI is 56.35. The Biotechnology industry median 9-Day RSI is 44.67. Medinet Co's value of 56.35 is 26.1% above this industry median. Based on the distribution chart, Medinet Co ranks #436 out of 1422 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Medinet Co has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Medinet Co's 9-Day RSI compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Medinet Co ranks #436 out of 1422 companies for 9-Day RSI. This puts Medinet Co in the upper half of its industry. The industry median 9-Day RSI is 44.67. Medinet Co's value of 56.35 is 26.1% 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 a Biotechnology company?
The median 9-Day RSI among Biotechnology companies is 44.67, based on 1,422 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. Medinet Co's current 9-Day RSI of 56.35 is 26.1% 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 Biotechnology industry, the median 9-Day RSI is 44.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medinet Co's current 9-Day RSI is 56.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medinet Co stock overvalued right now?
Based on GuruFocus' analysis, Medinet Co (TSE:2370) is currently considered Possible Value Trap. The stock's GF Value™ is 円41.72, compared to a current price of 円25.00 — trading 40.1% below its estimated fair value. The current 9-Day RSI is 56.35 and 26.1% above the Biotechnology industry median of 44.67. Medinet Co's overall GF Score™ is 45/100 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 Medinet Co (TSE:2370), the current 9-Day RSI is 56.35 as of Jul. 25, 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 Medinet Co (TSE:2370) Overvalued in 2026?
Based on GuruFocus' analysis, Medinet Co stock appears to be undervalued.
The current stock price of 円25.00 is trading 40.1% below its estimated GF Value™ of 円41.72.
GuruFocus considers Medinet Co to be Possible Value Trap.
Key valuation signals for TSE:2370:
9-Day RSI: 56.35
GF Value™: 円41.72 vs. price of 円25.00 (40.1% below fair value)
Industry Position: 26.1% above the Biotechnology median (#436 of 1422)
No single metric tells the full story. See the TSE:2370 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Medinet Co Ltd is a Japan-based Contract Development and Manufacturing Organization (CDMO). The company is engaged in the research and development of regenerative medical products, investigational products, and specified cell products. MEDINET is a one-stop regenerative medicine and cell therapy solution provider. It provides value chain solutions including personnel training, facility and equipment design, facility operations and management, preparation of standard operating procedures, logistics network, information system, purchasing and production management, quality management solutions to medical institutions, research institutions, and biopharmaceutical companies.
45GF Score
Get the complete analysis for TSE:2370
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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