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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.
Nakayama Steel Works (TSE:5408) 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.
Nakayama Steel Works 9-Day RSI Related Terms
TSE:5408 vs NUE, STLD, RS: 9-Day RSI Comparison
For the Steel subindustry, Nakayama Steel Works'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.
Nakayama Steel Works 9-Day RSI vs Steel Industry
For the Steel industry and Basic Materials sector, Nakayama Steel Works's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Nakayama Steel Works's 9-Day RSI falls into.
Nakayama Steel Works (TSE:5408) 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.
Nakayama Steel Works (TSE:5408) has a 9-Day RSI of 66.84 as of Jul. 30, 2026. According to the industry distribution chart, Nakayama Steel Works ranks #569 out of 654 companies in the Steel industry, placing it in the top 87%.
Is Nakayama Steel Works' 9-Day RSI too high?
Nakayama Steel Works' current 9-Day RSI is 66.84. The Steel industry median 9-Day RSI is 47.02. Nakayama Steel Works' value of 66.84 is 42.2% above this industry median. Based on the distribution chart, Nakayama Steel Works ranks #569 out of 654 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Nakayama Steel Works has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nakayama Steel Works' 9-Day RSI compare to NUE and STLD?
According to the Steel industry distribution chart, Nakayama Steel Works ranks #569 out of 654 companies for 9-Day RSI. This places Nakayama Steel Works in the lower half of its industry. The industry median 9-Day RSI is 47.02. Nakayama Steel Works' value of 66.84 is 42.2% 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 Steel company?
The median 9-Day RSI among Steel companies is 47.02, based on 654 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. Nakayama Steel Works's current 9-Day RSI of 66.84 is 42.2% 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 Steel industry, the median 9-Day RSI is 47.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nakayama Steel Works's current 9-Day RSI is 66.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nakayama Steel Works stock overvalued right now?
Based on GuruFocus' analysis, Nakayama Steel Works (TSE:5408) is currently considered Fairly Valued. The stock's GF Value™ is 円620.99, compared to a current price of 円656.00 — trading 5.6% above its estimated fair value. The current 9-Day RSI is 66.84 and 42.2% above the Steel industry median of 47.02. Nakayama Steel Works' overall GF Score™ is 67/100 with 3 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 Nakayama Steel Works (TSE:5408), the current 9-Day RSI is 66.84 as of Jul. 30, 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 Nakayama Steel Works (TSE:5408) Overvalued in 2026?
Based on GuruFocus' analysis, Nakayama Steel Works stock appears to be overvalued.
The current stock price of 円656.00 is trading 5.6% above its estimated GF Value™ of 円620.99.
GuruFocus considers Nakayama Steel Works to be Fairly Valued.
Key valuation signals for TSE:5408:
9-Day RSI: 66.84
GF Value™: 円620.99 vs. price of 円656.00 (5.6% above fair value)
Industry Position: 42.2% above the Steel median (#569 of 654)
No single metric tells the full story. See the TSE:5408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nakayama Steel Works Ltd is a Japan-based company. The company operates in Steel, Engineering, and Real estate business. Its Steel business includes manufacturing and sale of steel products including coil products, steel sheets, bars and wire products. The company is also engaged in real estate buying, leasing and selling.
67GF Score
Get the complete analysis for TSE:5408
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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