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 6 out of 10 in our technical rating. ING has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
ING is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ING is performing more or less in line with the market.
ING has an average volume of 2397280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, ING did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ING is part of the Banks industry. There are 395 other stocks in this industry, ING did better than 63% of them.
In the last month ING has a been trading in a tight range between 20.39 and 21.50.
ING has an average technical rating and it also does not offer a high quality setup 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
16.09
21.78
5 important support areas can be observed.
- A support zone ranging from 20.13 to 20.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.56 from a trend line in the weekly time frame.
- Support @17.65 from a trend line in the daily time frame.
- Support @16.91 from a trend line in the weekly time frame.
- Support @16.25 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 20.90 to 21.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for ING is neutral. |
| ChartMill Relative Strength | 79.56 | POSITIVE | ING has a high relative strength, it outperformed 79.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ING is below a declining 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) | 42.97 | NEUTRAL | The RSI value for ING is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests ING has a negative trend. |
| Stochastics (14,3) | 11.77 | OVERSOLD | The low Stochastics value suggests ING may be oversold. |
| Average True Range in percent/ATR (20) | 1.43 | LOW VOLATILITY | The low ATR as a percentage value for ING suggests low volalility. |
| Average Directional Index/ADX (14) | 17.3 | NEGATIVE | The low ADX value for ING suggests a weak or negative 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)
20.4
-0.38 (-1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.83%
1 Week-3.64%
2 Weeks-3.5%
1 Month-4.85%
3 Month2.67%
6 Month33.25%
12 Month22.74%
2 Year51.45%
3 Year105.64%
5 Year195.65%
10 Year23.04%
15 Year175.3%
Volatility
ATR(14)0.29
ATR(20)%1.43%
ATR Inc48.54%
Range Today0.27
ADR(20)0.2
ADR(20)%0.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.56
Mansfield0.97
10 Day High21.3
10 Day Low20.39
20 Day High21.5
20 Day Low20.39
52 Week High21.76
52 Week Low15.09
CS1 End20.39
CR1 Start20.9
Volume & EV
DER(3)-1.02%
DER(5)1.53%
Volume3.35M
Volume Incr49.77%
Vol(5)2.86M
Vol(50)2.40M