Royal Bank of Scotland (RBS) Bullish Technical Alert - Trend Up 57.4%

Royal Bank of Scotland (NYSE:RBS) is trading 3.4% higher (up $0.51 to $15.29) today on volume of 108,693 shares. The stock has traded within a 52-week range of $2.86 and $90.54.

Royal Bank of Scotland is currently above its 50-day moving average of $13.37 and above its 200-day moving average of $11.87.

SmarTrend is bullish on shares of RBS and our subscribers received an Uptrend alert on April 17, 2009 at $9.71, which has returned 57.4% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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Related terms: bank, market, nyse, scotland, securities