|
Royal Bank of Scotland Rising on Above-Average Volume, Consistent With Trend (RBS)
Jan 14, 2013 (SmarTrend(R) News Watch via COMTEX) --
Shares of Royal Bank of Scotland are trading up 1.4% to $11.79 today on above average volume. Today's volume of 865,000 shares tops the average 30-day volume of 505,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.
SmarTrend recommended that subscribers consider buying shares of Royal Bank of Scotland on August 7th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $7.14. Since that recommendation, shares of Royal Bank of Scotland have risen 62.7%. We continue to monitor RBS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Over the past year, Royal Bank of Scotland has traded in a range of $6.01 to $11.84 and is now at $11.75, 96% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 2.4%.
Write to Chip Brian at cbrian@mysmartrend.com
---------------------------------------------------------------------------------------------
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup
[ Back To Technology News's Homepage ]
|
Internet Telephony Magazine
Click here to read latest issue
CUSTOMER 
Cloud Computing Magazine
Click here to read latest issue
M2M Evolution Magazine
Call Center/CRM
Info Tech 
IP Communications 
Mobile 
Green 
Satellite 
Robotics 
