RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ING
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ING Group NV stock price ended at $16.49 on Thursday, after gaining 1.41%.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 27, 2024 Gain 19.93% PDF

The ING Group NV stock price gained 1.41% on the last trading day (Thursday, 28th Mar 2024), rising from $16.26 to $16.49. It has now gained 5 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 0.671% from a day low at $16.40 to a day high of $16.51. The price has risen in 9 of the last 10 days and is up by 8.06% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 814 thousand more shares were traded than the day before. In total, 3 million shares were bought and sold for approximately $51.34 million.

The stock lies in the upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $16.61 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 10.55% during the next 3 months and, with a 90% probability hold a price between $15.23 and $18.36 at the end of this 3-month period.

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ING Signals & Forecast

Mostly positive signals in the chart today. The ING Group NV stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $16.03 and $14.50. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, February 08, 2024, and so far it has risen 27.93%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. The stock had a Golden Star Signal on Wednesday, February 28, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Wednesday, February 28, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for ING Group NV stock

On the downside, the stock finds support just below today's level from accumulated volume at $13.72 and $13.36. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, ING Group NV finds support just below today's level at $13.72. If this is broken, then the next support from accumulated volume will be at $13.36 and $13.18.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.110 between high and low, or 0.671%. For the last week, the stock has had daily average volatility of 0.85%.

The ING Group NV stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $15.97 (-3.18%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 91 and this increases the risk substantially. There is a buy signal from a pivot bottom found 34 days ago.)

Trading Expectations (ING) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect ING Group NV to open at $16.47, and during the day (based on 14 day Average True Range), to move between $16.27 and $16.71, which gives a possible trading interval of +/-$0.220 (+/-1.34%) up or down from last closing price. If ING Group NV takes out the full calculated possible swing range there will be an estimated 2.67% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $13.72, some $2.77 (16.80%) from the current price of $16.49, our system finds the risk reward attractive.

Is ING Group NV stock A Buy?

ING Group NV holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

Current score: 6.594 Strong Buy Candidate Unchanged

Predicted Opening Price for ING Group NV of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$16.47 ( 0.141%) $16.49

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ING

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 16.58 0.526 %
R2 16.53 0.271 %
R1 16.51 0.113 %
Current price: 16.49
Support S1 16.42 -0.396 %
S2 16.40 -0.554 %
S3 16.36 -0.81 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 16.49
Support S1 13.72 -16.80%
S2 13.36 -18.98%
S3 13.18 -20.07%

ING Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 07, 2024 Apr 24, 2024 May 10, 2024 $0.697 4.23%
2 Aug 03, 2023 Aug 11, 2023 Aug 21, 2023 $0.383 2.70%
3 Mar 10, 2023 Apr 26, 2023 May 12, 2023 $0.410 3.23%
4 Jan 03, 2023 Jan 13, 2023 May 12, 2023 $0.0870 0.686%
5 Aug 05, 2022 Aug 12, 2022 Aug 22, 2022 $0.174 1.97%

FAQ

What is the symbol for ING Group NV Stock and on which exchange is it traded?
The symbol for ING Group NV is ING and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell ING Group NV Stock?
ING Group NV holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

How to buy ING Group NV Stock?
ING Group NV Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy ING Group NV Stock.

What's the current price of ING Group NV Stock?
As of the end of day on the 2024-03-28, the price of an ING Group NV (ING) share was $16.49.

What is the 52-week high and low for ING Group NV Stock?
The 52-week high for ING Group NV Stock is $16.51 and the 52-week low is $11.71.

What is the market capitalization of ING Group NV Stock?
As of the 2024-03-28, the market capitalization of ING Group NV is 54.687B.

When is the next earnings date for ING Group NV?
The upcoming earnings date for ING Group NV is May 09, 2024.
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About ING Group NV

ING Group NV ING Groep N.V., a financial institution, provides various banking products and services in the Netherlands, Belgium, Germany, Poland, Rest of Europe, North America, Latin America, Asia, and Australia. It operates in six segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, Wholesale Banking, and Corporate Line Banking. The company accepts various deposits, such as current and savings accounts; and offers business lending pro... ING Profile

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