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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.
NLB Banka a.d. Skopje (XMAE:TNB) 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.
NLB Banka a.d. Skopje 9-Day RSI Related Terms
XMAE:TNB vs PNC, USB, NU: 9-Day RSI Comparison
For the Banks - Regional subindustry, NLB Banka a.d. Skopje'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.
NLB Banka a.d. Skopje 9-Day RSI vs Banks Industry
For the Banks industry and Financial Services sector, NLB Banka a.d. Skopje's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where NLB Banka a.d. Skopje's 9-Day RSI falls into.
NLB Banka a.d. Skopje (XMAE:TNB) 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.
NLB Banka a.d. Skopje (XMAE:TNB) has a 9-Day RSI of 46.16 as of Aug. 02, 2026. According to the industry distribution chart, NLB Banka a.d. Skopje ranks #431 out of 1606 companies in the Banks industry, placing it in the top 26.8%.
Is NLB Banka a.d. Skopje's 9-Day RSI too high?
NLB Banka a.d. Skopje's current 9-Day RSI is 46.16. The Banks industry median 9-Day RSI is 55.46. NLB Banka a.d. Skopje's value of 46.16 is 16.8% below this industry median. Based on the distribution chart, NLB Banka a.d. Skopje ranks #431 out of 1606 companies in the Banks industry, which is above the industry midpoint. Overall, NLB Banka a.d. Skopje has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NLB Banka a.d. Skopje's 9-Day RSI compare to PNC and USB?
According to the Banks industry distribution chart, NLB Banka a.d. Skopje ranks #431 out of 1606 companies for 9-Day RSI. This puts NLB Banka a.d. Skopje in the upper half of its industry. The industry median 9-Day RSI is 55.46. NLB Banka a.d. Skopje's value of 46.16 is 16.8% 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 55.46, based on 1,606 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. NLB Banka a.d. Skopje's current 9-Day RSI of 46.16 is 16.8% 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 55.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NLB Banka a.d. Skopje's current 9-Day RSI is 46.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NLB Banka a.d. Skopje stock overvalued right now?
Based on GuruFocus' analysis, NLB Banka a.d. Skopje (XMAE:TNB) is currently considered Fairly Valued. The stock's GF Value™ is MKD54,466.52, compared to a current price of MKD53,500.00 — trading 1.8% below its estimated fair value. The current 9-Day RSI is 46.16 and 16.8% below the Banks industry median of 55.46. NLB Banka a.d. Skopje's overall GF Score™ is 79/100 with 1 warning sign 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 NLB Banka a.d. Skopje (XMAE:TNB), the current 9-Day RSI is 46.16 as of Aug. 02, 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 NLB Banka a.d. Skopje (XMAE:TNB) Overvalued in 2026?
Based on GuruFocus' analysis, NLB Banka a.d. Skopje stock appears to be undervalued.
The current stock price of MKD53,500.00 is trading 1.8% below its estimated GF Value™ of MKD54,466.52.
GuruFocus considers NLB Banka a.d. Skopje to be Fairly Valued.
Key valuation signals for XMAE:TNB:
9-Day RSI: 46.16
GF Value™: MKD54,466.52 vs. price of MKD53,500.00 (1.8% below fair value)
Industry Position: 16.8% below the Banks median (#431 of 1606)
No single metric tells the full story. See the XMAE:TNB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NLB Banka a.d. Skopje is a bank in the Republic of Macedonia. It provides general banking services like accepting deposits, granting loans and advances, foreign exchange, asset management, retail banking services, brokerage services, custody services, and many others. The bank operates in the Republic of Macedonia, EU countries, Non-EU countries in Europe, and other countries.
79GF Score
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