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TMCNet:  Royal Bank of Scotland Shares Up 31.7% Since SmarTrend's Buy Recommendation (RBS)

[November 23, 2012]

Royal Bank of Scotland Shares Up 31.7% Since SmarTrend's Buy Recommendation (RBS)

Nov 23, 2012 (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 4 months, Royal Bank of Scotland has returned 31.65% as of today's recent price of $9.40.

In the past 52 weeks, Royal Bank of Scotland share prices have been bracketed by a low of $5.36 and a high of $9.44 and are now at $9.40, 75% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.2% while the 200-day MA has risen 0.2%.

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 --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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