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.
The industry rank for Royal Bank of Canada's 9-Day RSI or its related term are showing as below:
TSX:RY's 9-Day RSI is ranked worse than 79.73% of 1608
companies
in the Banks industry
Industry Median: 57.95
vs TSX:RY: 70.25
Royal Bank of Canada (TSX:RY) 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.
Royal Bank of Canada 9-Day RSI Related Terms
TSX:RY vs JPM, BAC, WFC: 9-Day RSI Comparison
For the Banks - Diversified subindustry, Royal Bank of Canada'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.
Royal Bank of Canada 9-Day RSI vs Banks Industry
For the Banks industry and Financial Services sector, Royal Bank of Canada's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Royal Bank of Canada's 9-Day RSI falls into.
Royal Bank of Canada (TSX:RY) 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.
Royal Bank of Canada (TSX:RY) has a 9-Day RSI of 70.25 as of Jul. 03, 2026. According to the industry distribution chart, Royal Bank of Canada ranks #1282 out of 1608 companies in the Banks industry, placing it in the top 79.7%.
Is Royal Bank of Canada's 9-Day RSI too high?
Royal Bank of Canada's current 9-Day RSI is 70.25. The Banks industry median 9-Day RSI is 57.95. Royal Bank of Canada's value of 70.25 is 21.2% above this industry median. Based on the distribution chart, Royal Bank of Canada ranks #1282 out of 1608 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Royal Bank of Canada has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Royal Bank of Canada's 9-Day RSI compare to JPM and BAC?
According to the Banks industry distribution chart, Royal Bank of Canada ranks #1282 out of 1608 companies for 9-Day RSI. This places Royal Bank of Canada in the lower half of its industry. The industry median 9-Day RSI is 57.95. Royal Bank of Canada's value of 70.25 is 21.2% 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 Banks company?
The median 9-Day RSI among Banks companies is 57.95, based on 1,608 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. Royal Bank of Canada's current 9-Day RSI of 70.25 is 21.2% 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 Banks industry, the median 9-Day RSI is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Bank of Canada's current 9-Day RSI is 70.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Bank of Canada stock overvalued right now?
Based on GuruFocus' analysis, Royal Bank of Canada (TSX:RY) is currently considered Significantly Overvalued. The stock's GF Value™ is C$205.03, compared to a current price of C$290.38 — trading 41.6% above its estimated fair value. The current 9-Day RSI is 70.25 and 21.2% above the Banks industry median of 57.95. Royal Bank of Canada's overall GF Score™ is 77/100 with 8 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 Royal Bank of Canada (TSX:RY), the current 9-Day RSI is 70.25 as of Jul. 03, 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 Royal Bank of Canada (TSX:RY) Overvalued in 2026?
Based on GuruFocus' analysis, Royal Bank of Canada stock appears to be overvalued.
The current stock price of C$290.38 is trading 41.6% above its estimated GF Value™ of C$205.03.
GuruFocus considers Royal Bank of Canada to be Significantly Overvalued.
Key valuation signals for TSX:RY:
9-Day RSI: 70.25
GF Value™: C$205.03 vs. price of C$290.38 (41.6% above fair value)
Industry Position: 21.2% above the Banks median (#1282 of 1608)
No single metric tells the full story. See the TSX:RY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Royal Bank of Canada is one of the two largest banks in Canada, with around CAD 2.4 trillion in assets at the end of April 2026. It is a diversified financial services company, offering personal and commercial banking, wealth management, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada and has dominant market shares. RBC also has wealth and capital market businesses in the US, UK, and other countries. RBC is a top 15 investment bank globally.
77GF Score
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