Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
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 (2026-07-23), Suruga Bank's 9-Day RSI is 63.28.
The industry rank for Suruga Bank's 9-Day RSI or its related term are showing as below:
TSE:8358's 9-Day RSI is ranked worse than 65.46% of 1604
companies
in the Banks industry
Industry Median: 55.78
vs TSE:8358: 63.28
Suruga Bank (TSE:8358) 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.
Suruga Bank 9-Day RSI Related Terms
Suruga Bank 9-Day RSI Competitor Comparison
For the Banks - Regional subindustry, Suruga Bank'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.
Suruga Bank 9-Day RSI vs Banks Industry
For the Banks industry and Financial Services sector, Suruga Bank's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Suruga Bank'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.
Suruga Bank (TSE:8358) has a 9-Day RSI of 63.28 as of Jul. 23, 2026. According to the industry distribution chart, Suruga Bank ranks #1050 out of 1604 companies in the Banks industry, placing it in the top 65.5%.
Is Suruga Bank's 9-Day RSI too high?
Suruga Bank's current 9-Day RSI is 63.28. The Banks industry median 9-Day RSI is 55.78. Suruga Bank's value of 63.28 is 13.4% above this industry median. Based on the distribution chart, Suruga Bank ranks #1050 out of 1604 companies in the Banks industry, which is below the industry midpoint. Overall, Suruga Bank has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Suruga Bank's 9-Day RSI compare to competitors?
According to the Banks industry distribution chart, Suruga Bank ranks #1050 out of 1604 companies for 9-Day RSI. This places Suruga Bank in the lower half of its industry. The industry median 9-Day RSI is 55.78. Suruga Bank's value of 63.28 is 13.4% 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 Banks company?
The median 9-Day RSI among Banks companies is 55.78, 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. Suruga Bank's current 9-Day RSI of 63.28 is 13.4% 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 Banks industry, the median 9-Day RSI is 55.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suruga Bank's current 9-Day RSI is 63.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suruga Bank stock overvalued right now?
Based on GuruFocus' analysis, Suruga Bank (TSE:8358) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,499.47, compared to a current price of 円2,728.00 — trading 81.9% above its estimated fair value. The current 9-Day RSI is 63.28 and 13.4% above the Banks industry median of 55.78. Suruga Bank's overall GF Score™ is 51/100 with 4 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 Suruga Bank (TSE:8358), the current 9-Day RSI is 63.28 as of Jul. 23, 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 Suruga Bank (TSE:8358) Overvalued in 2026?
Based on GuruFocus' analysis, Suruga Bank stock appears to be overvalued.
The current stock price of 円2,728.00 is trading 81.9% above its estimated GF Value™ of 円1,499.47.
GuruFocus considers Suruga Bank to be Significantly Overvalued.
Key valuation signals for TSE:8358:
9-Day RSI: 63.28
GF Value™: 円1,499.47 vs. price of 円2,728.00 (81.9% above fair value)
Industry Position: 13.4% above the Banks median (#1050 of 1604)
No single metric tells the full story. See the TSE:8358 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Suruga Bank Ltd. is a regional bank in the Kanto area. The company divides its operations into five core businesses: personal loans, housing loans, asset management, life support, and small- to medium-size corporate lending. Specifically, this includes deposits, loans, foreign exchange transactions, leasing, letters of credit, and credit card services. Within their loan business, Suruga caters to consumers, allowing them to access more credit to work on projects such as renovations and refurbishment in addition to traditional housing loans. The company earns the majority of its revenue from housing loans. The bank operates primarily in Shizuoka and Kanagawa.
51GF Score
Get the complete analysis for TSE:8358
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:8358 has been successfully added to your 
