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ISG - ING Group NV

Exchange: NYSE

Fri 15'th Jun 2018

PERIOD 2018-03-16 - 2018-06-15
CHANGE 0.31%
PRICE $25.91
VOLUME
Buy
TREND
Hold

MV LONG
Buy

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

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ING Group NV Stock Analysis

Technical stock analysis for Fri 15'th Jun 2018

Buy candidate since 2018-06-15

ING Group NV gained 0.31% in the last trading day, rising from $25.83 to $25.91 The price has risen in 5 of the last 10 days , but is still down by -0.12% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 173 994 more shares were traded than the day before. In total, 258 915 shares bought and sold for approximately $0.00.

Shorts n/a
Cash n/a
Loans n/a
Beta 0.09
ROA 0.68

Trend

Given the current horizontal trend you can expect ING Group NV with 90% probability to be traded between $25.75 and $26.37 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Click here for today's Top 5 Trending Companies

Signals

ING Group NV holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $25.96. On a fall, the stock will find some support from the long-term average at approximately $25.71. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Thursday June 07, 2018, which indicates further falls until a new bottom pivot has been found.

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Relative Strength Index (RSI)

RSI14 is 61 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

ING Group NV finds support from accumulated volume at $25.87.

Support: $25.87 Price: $25.91 Resistance: $26.02

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.15 (0.58%) between high and low. For the last week, the stock has had a daily average volatility of 0.56%.

Our recommended stoploss: $24.85 (-4.10%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 6 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for this stock to perform well in the short-term period. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.

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