ING GROEP N.V.-SPONSORED ADR (ING) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ING - US4568371037 - ADR
Overall ING gets a technical rating of 10 out of 10. 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.
Although ING has an excellent technical rating, it 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
18.15
We found 4 important support areas.
- A support zone ranging from 25.36 to 25.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.37 to 24.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 23.83 to 23.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.33 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 27.89 to 27.89. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for ING is up. |
| ChartMill Relative Strength | 92.38 | POSITIVE | ING has a high relative strength, it outperformed 92.38% 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) | 70.96 | OVERBOUGHT | The high RSI value suggests ING may be overbought. |
| 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) | 87.45 | OVERBOUGHT | The high Stochastics value suggests ING may be overbought. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for ING suggests low volalility. |
| Average Directional Index/ADX (14) | 27.78 | POSITIVE | The high ADX value value for ING suggests a strong trend. |
27.88
+0.16 (+0.58%)
ING GROEP N.V.-SPONSORED ADR / ING FAQ
What is the technical rating for ING stock?
ChartMill assigns a technical rating of 10 / 10 to ING.
What is the current trend direction of ING GROEP N.V.-SPONSORED ADR (ING) stock?
The current trend direction for ING GROEP N.V.-SPONSORED ADR (ING) is Bullish.
Can you provide the RSI signal for ING GROEP N.V.-SPONSORED ADR?
ING GROEP N.V.-SPONSORED ADR (ING) has an RSI value of 70.9645. This indicates that the stock is currently overbought.
What is the MACD signal for ING stock?
The MACD indicator for ING GROEP N.V.-SPONSORED ADR (ING) has a value of 0.0964904, indicating a bearish trend.
What is the buy/sell signal for ING GROEP N.V.-SPONSORED ADR (ING) stock?
The buy/sell signal for ING GROEP N.V.-SPONSORED ADR (ING) is buy as both the short term and long term trends are positive.