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Cash Dividend On The Way From Royal Bank of Scotland Group Non-cumulative Dollar Preference Shares, Series S
Friday, June 9, 1:39 PM ET, by Market News Video Staff

On 6/13/17, Royal Bank of Scotland Group plc's Non-cumulative Dollar Preference Shares, Series S (RBS.PRS) ...

Royal Bank of Scotland Group Enters Oversold Territory (RBS)
Wednesday, June 21, 4:43 PM ET, by Market News Video Staff

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...

September 15th Options Now Available For Royal Bank of Scotland Group plc (RBS)
Monday, July 24, 10:51 AM ET, by Market News Video Staff

Investors in Royal Bank of Scotland Group plc (RBS) saw new options begin trading today, ...

Ex-Div Reminder for Royal Bank of Scotland Group Non-cumulative Dollar Preference Shares, Series S
Monday, December 11, 2:11 PM ET, by Market News Video Staff

On 12/13/17, Royal Bank of Scotland Group plc's Non-cumulative Dollar Preference Shares, Series S (RBS.PRS) ...

First Week of August 2018 Options Trading For Royal Bank of Scotland Group (RBS)
Tuesday, December 19, 11:16 AM ET, by Market News Video Staff

Investors in Royal Bank of Scotland Group plc (RBS) saw new options become available this ...

  More articles:  1 2 next »

Royal Bank of Scotland Group Plc Getting Very Oversold (RBS)

By Market News Video Staff, Friday, March 1, 12:35 PM ET
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Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.

In trading on Friday, shares of Royal Bank of Scotland Group Plc (NYSE:RBS) entered into oversold territory, hitting an RSI reading of 28.4, after changing hands as low as $9.26 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 56.8. A bullish investor could look at RBS's 28.4 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of RBS shares:

Royal Bank of Scotland Group Plc 1 Year Performance Chart

Looking at the chart above, RBS's low point in its 52 week range is $6.01 per share, with $11.84 as the 52 week high point that compares with a last trade of $9.48. Find out what 9 other oversold stocks you need to know about


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Royal Bank of Scotland Group Plc Getting Very Oversold (RBS) | Market News Video | Copyright © 2008 - 2018, All Rights Reserved

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