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TMCNet:  Uptrend Call Working As Royal Bank of Scotland Stock Rises 53.1% (RBS)

[January 29, 2013]

Uptrend Call Working As Royal Bank of Scotland Stock Rises 53.1% (RBS)

Jan 29, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Royal Bank of Scotland (NYSE:RBS) on August 7th, 2012 at $7.14. In approximately 6 months, Royal Bank of Scotland has returned 53.08% as of today's recent price of $10.93.
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Over the past year, Royal Bank of Scotland has traded in a range of $6.01 to $11.84 and is now at $10.93, 82% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.8%.

Royal Bank of Scotland Group plc, through subsidiaries, accepts deposits and offers commercial banking services. The bank offers business term loans, commercial mortgages, professional practice loans, asset finance and invoice finance loans, residential mortgages, consumer loans, credit cards, financial planning services, and life, personal lines, and income protection insurance.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Royal Bank of Scotland shares.Log in and add Royal Bank of Scotland (RBS) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

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

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