ING GROEP N.V.-SPONSORED ADR (ING) Stock Technical Analysis
NYSE:ING - New York Stock Exchange, Inc. - US4568371037 - ADR - Currency: USD
Taking everything into account, ING scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ING has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ING did better than 87% of all other stocks. On top of that, ING also shows a nice and consistent pattern of rising prices.
ING is part of the Banks industry. There are 393 other stocks in this industry. ING outperforms 93% of them.
A new 52 week high is currently being made by ING, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month ING has a been trading in the 22.54 - 25.11 range, which is quite wide. It is currently trading near the high of this range.
ING has an average volume of 2564300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although ING has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
18.28
25.13
We found 4 important support areas.
- Support @23.35 from a trend line in the daily time frame.
- A support zone ranging from 22.45 to 22.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.44 from a trend line in the weekly time frame.
- Support @18.46 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ING is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ING is up. |
| ChartMill Relative Strength | 87.32 | POSITIVE | ING has a high relative strength, it outperformed 87.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ING is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ING is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ING is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.83 | NEUTRAL | The RSI value for ING is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests ING has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.45 | OVERBOUGHT | The high Stochastics value suggests ING may be overbought. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for ING suggests low volalility. |
| Average Directional Index/ADX (14) | 27.4 | POSITIVE | The high ADX value value for ING suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
24.88
-0.08 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.32%
1 Week1.8%
2 Weeks9.56%
1 Month9.27%
3 Month17.52%
6 Month45.41%
12 Month43.4%
2 Year75.83%
3 Year183.37%
5 Year207.54%
10 Year62.61%
15 Year180.18%
Volatility
ATR(14)0.38
ATR(20)%1.57%
ATR Inc-35.97%
Range Today0.27
ADR(20)0.25
ADR(20)%1.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.32
Mansfield2.08
10 Day High25.11
10 Day Low22.91
20 Day High25.11
20 Day Low22.54
52 Week High25.11
52 Week Low15.09
CS1 End23.35
CR1 StartN/A
Volume & EV
DER(3)6.02%
DER(5)6.89%
Volume2.33M
Volume Incr-0.14%
Vol(5)2.74M
Vol(50)2.56M