Surprising Volume Spotted In Shares Of (NYSE: RBS)

Royal Bank of Scotland Group plc (NYSE: RBS): fell by 2.71% or $-0.2299/share to $8.26. In the past year, the shares have traded as low as $9.60 and as high as $18.82. On average, 79521 shares of RBS exchange hands on a given day and today's volume is recorded at 89342. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $13.33 area where the stock may encounter resistance.