These 2 Stocks Are Circling the Drain: The Royal Bank of Scotland Group plc (RBS), Veoneer, Inc. (VNE)

The price of The Royal Bank of Scotland Group plc (NYSE:RBS) went up by $0.04 now trading at $6.98. Their shares witnessed a 40.16% increase from the 52-week low price of $4.98 they recorded on 2018-12-11. Even though it is still -16.62% behind the $8.14 high touched on 2018-05-11. The last few days have been good for the stock, as its price has grew by 4.02% during the week. It has also performed better over the past three months, as it added around 14.61% while it has so far retreated around -8.64% during the course of a year. The stock of RBS recorded 24.87% uptrend from the beginning of this year till date. The 12-month potential price target for The Royal Bank of Scotland Group plc is set at $0. This target means that the stock has an upside potential to increase by -100% from the current trading price.

29 institutions entered new The Royal Bank of Scotland Group plc (NYSE:RBS) positions, 60 added to their existing positions in these shares, 69 lowered their positions, and 22 exited their positions entirely.

The Royal Bank of Scotland Group plc (RBS) trade volume has decreased by -60.2% as around 334,489 shares were sold when compared with its 50-day average volume of traded shares which is 840,488. At the moment, RBS is witnessing a uptrend, as it is trading 3.12% above its 20-day SMA, 3.53% above its 50-day SMA, and 9.62% above its 200-day SMA. The company runs an ROE of roughly 3.4%, with financial analysts predicting that their earnings per share growth will be around 0% per annum for the next five year. This will be compared to the 16.6% increase witnessed over the past five years.

The first technical resistance point for The Royal Bank of Scotland Group plc (NYSE:RBS) will likely come at $7, marking a 0.29% premium to the current level. The second resistance point is at $7.02, about 0.57% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $6.93, the lower end of the range. RBS’s 14-day MACD is 0.18 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 59.88, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 30.05 percent, which is high when compared to that of the 50-day’s 27.53 percent.

The shares of Veoneer, Inc. (NYSE:VNE) has increased by 0.11%, and now trading at $27.96 on the Wall Street in the intra-day deal, with their shares traded now around 319,996. This is a decline of -330,528 shares over the average 650,524 shares that were traded daily over the last three months.

VNE stock has performed well over the past 30 days, as it added 13.43% while its price climbed by 18.63% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 10.47% over the last week. The stock’s 12-month potential target price is now at $30.89. This means that the stock price might likely increase by 10.48% from its current trading price. 6 out of 23 Wall Street analysts which represents 26.09% rated the stock as a buy while the remaining 43.48% rated it as a hold, with 30.43% of analysts rating it as a sell.

Veoneer, Inc. (NYSE:VNE) has been utilizing an ROE that is roughly -16.6%, with stock analysts predicting that the company’s EPS for the next five years will go up by 18.53% per year, following the 0% drop that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 13.73% above its 20-day SMA, 4.62% above its 50-day SMA, and -25.67% below its 200-day SMA. In percentage terms, the aggregate Veoneer, Inc. shares held by institutional investors is 50.5%. 26 institutions jumped in to acquire Veoneer, Inc. (VNE) fresh stake, 65 added to their current holdings in these shares, 95 lowered their positions, and 50 left no stake in the company.

The stock’s 9-day MACD is 1.3 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 72.91, which shows that its stock has been overbought. The 20-day historical volatility for the shares stand at 45.42 percent, which is less when compared to that of the 50-day’s 49.97 percent. On the daily chart, we see that the stock could reach the first level of resistance at $28.24, sporting a 0.99% premium to the current level. The next resistance point is at $28.51, representing nearly 1.93% premium to the current market price of Veoneer, Inc. (VNE). On the other hand, failure to breach the immediate hurdles can drag it down to $27.21, the lower end of the range.