Stock price performance of Royal Bank Scotland plc (The) is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 13.7% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 18.09% . Looking at the past 52 week period, the stock price is down -17% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Royal Bank Scotland plc (The) has a negative value of -13.32 compared to overall market performance. For this week, the average consensus of the company shares are rated as a Strong Buy. The stock has recorded a 20-day Moving Average of 4.46% and the 50-Day Moving Average is 7.42%.The 200 Day SMA reached 6.31%
The Royal Bank of Scotland Group plc is having a Relative Strength Index of 60.06 which indicates the stock is not yet over sold or over bought based on the technical indicators. Royal Bank Scotland plc (The) (NYSE:RBS) has tumbled 0.17% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 1.57% in the last four weeks. The stocks have underperformed the S&P 500 by 0.29% during the past week but Royal Bank Scotland plc (The) (NYSE:RBS) it has outperformed the index in 4 weeks by 0.67%.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Royal Bank of Scotland Group PLC was Downgraded by Goldman to Neutral on Jan 17, 2017. Royal Bank of Scotland Group PLC was Initiated by Credit Suisse to Underperform on Nov 29, 2016.
Royal Bank Scotland plc (The) (NYSE:RBS) : On Friday heightened volatility was witnessed in Royal Bank Scotland plc (The) (NYSE:RBS) which led to swings in the share price. The stock opened for trading at $5.7 and hit $5.81 on the upside , eventually ending the session at $5.81, with a gain of 2.83% or 0.16 points. The heightened volatility saw the trading volume jump to 2,762,539 shares. The 52-week high of the share price is $7.6 and the company has a market cap of $34,137 million. The 52-week low of the share price is at $3.91 .
The Royal Bank of Scotland Group plc is the holding company of one of the worlds largest banking and financial services groups, with a market capitalisation of #62.8 billion at the end of 2006. Headquartered in Edinburgh, the Group operates in the UK, US and internationally through its two principal subsidiaries, the Royal Bank and NatWest. Both the Royal Bank and NatWest are major UK clearing banks whose origins go back over 275 years. In the US, the Groups subsidiary Citizens is ranked the eighth largest commercial banking organisation by deposits. The Group has a large and diversified customer base and provides a wide range of products and services to personal, commercial and large corporate and institutional customers.