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ISG - ING Group NV

Exchange: NYSE

Fri 23'rd Feb 2018

PERIOD 2017-11-24 - 2018-02-23
CHANGE 0.16%
PRICE $25.58

Explanation to Bollinger's Bands

Bollinger Bands was created by John Bollinger in the early 1980s, which purpose is to provide a relative definition of high and low. This defintion is used to identify buy and sell signals and have proven very well in doing so.

Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. Get-A-Graph uses Bollingers suggested 20 day average.

Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation

BandWidth defines the current width of the band.
%b defines the current position within the band.

BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)

Live Samples:

Bottlenecks in bandwidth indicates a upcoming change. Break up through the moving average line, or continuously movements above the moving average line indicates a break up, and vice versa downwards.

Source: http://www.bollingerbands.com

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ING Group NV Stock Analysis

Technical stock analysis for Fri 23'rd Feb 2018

Shorts n/a
Cash n/a
Loans n/a
Beta 0.12
ROA 0.58
Buy candidate since 2018-02-23

ING Group NV gained 0.16% in the last trading day, rising from $25.54 to $25.58 The price has risen in 7 of the last 10 days and is up by 0.87% over the past 2 weeks. Volume fell in the last day by -9 065 shares, and in total, 24 443 shares bought and sold for approximately $625 252. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Access today's Top 5 Buy Candidates

Trend

ING Group NV has broken the narrow and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction there will be support on the roof on the current trend broken, which is $25.56, a level that may pose a second chance to hit a runner. According to fan-theory $25.97 will be the next possible trendtop level and thereby pose a resistance level which may not be broken on the first attempt.

Click here for today's Top 5 Trending Companies

Signals

ING Group NV holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at $25.50 and $25.51. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday February 02, 2018, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

The stock had a Golden Star Signal* on Tuesday February 20, 2018 in the short-term chart.

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

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 68 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 $25.54. On the upside the stock meets some resistance just above today's level from accumulated volume at $26.02, $26.07 and $26.14.

The stock is about to test the resistance from accumulated volume at $26.02 and this may cause the stock to take a minor break or get into a more sideways move for a few days.

Support: $25.54 Price: $25.58 Resistance: $26.02

Risk

In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.

Our recommended stoploss: $24.28 (-5.08%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 14 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation

Several short-term signals are positive and the break-up from the falling trend indicates a possible shift for a trend. We believe that the prices around the breaking point will indicate particularly good levels, but we also believe that the current level will hold a possible good buy level for 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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