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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

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 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.

Access today's Top 5 Golden Star Companies

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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