ING GROUP N.V.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	ING
ISIN:

ING GROUP N.V. - Daily - Technical analysis published on 01/17/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

17%

78%

My opinion

Bearish under 13.97 USD

My targets

12.98 USD (-5.46%)

12.61 USD (-8.16%)

My analysis

In the short term, we can see an acceleration in the bearish trend on ING GROUP N.V., which is a positive signal for sellers. As long as the price remains above 13.97 USD, a sale could be considered. The first bearish objective is located at 12.98 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 12.61 USD as an objective. Crossing it would then enable sellers to target 11.94 USD. If the price were to return above 13.97 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

5.2

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ING GROUP N.V. rating is 13.73 USD. The price is lower by -0.07% since the last closing and was between 13.64 USD and 13.78 USD. This implies that the price is at +0.66% from its lowest and at -0.36% from its highest.

13.64

13.78

13.73

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this ING GROUP N.V. chart shows a bearish trend. 64.29% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : Daily

An assessment of technical indicators shows a strong bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Support of channel is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11.94	12.61	12.98	13.73	13.97	14.28	14.63
Change (%)	-13.04%	-8.16%	-5.46%	-	+1.75%	+4.01%	+6.55%
Change	-1.79	-1.12	-0.75	-	+0.24	+0.55	+0.90
Level	Minor	Major	Minor	-	Intermediate	Major	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.54	13.63	13.69	13.78	13.84	13.93	13.99
Camarilla	13.70	13.71	13.73	13.74	13.75	13.77	13.78
Woodie	13.52	13.62	13.67	13.77	13.82	13.92	13.97
Fibonacci	13.63	13.69	13.73	13.78	13.84	13.88	13.93

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.28	13.64	13.87	14.23	14.46	14.82	15.05
Camarilla	13.93	13.98	14.04	14.09	14.14	14.20	14.25
Woodie	13.21	13.61	13.80	14.20	14.39	14.79	14.98
Fibonacci	13.64	13.87	14.01	14.23	14.46	14.60	14.82

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.00	13.49	14.25	14.74	15.50	15.99	16.75
Camarilla	14.68	14.79	14.91	15.02	15.14	15.25	15.36
Woodie	13.15	13.56	14.40	14.81	15.65	16.06	16.90
Fibonacci	13.49	13.96	14.26	14.74	15.21	15.51	15.99

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	30.51
MACD (12,26,9):	-0.1300
Directional Movement:	-27.51
AROON (14):	-92.86
DEMA (21):	14.29
Parabolic SAR (0,02-0,02-0,2):	14.56
Elder Ray (13):	-0.56
Super Trend (3,10):	14.35
Zig ZAG (10):	13.73
VORTEX (21):	0.6900
Stochastique (14,3,5):	4.53
TEMA (21):	13.97
Williams %R (14):	-93.69
Chande Momentum Oscillator (20):	-1.28
Repulse (5,40,3):	-1.0700
ROCnROLL:	2
TRIX (15,9):	0.0500
Courbe Coppock:	12.54

MA7:	14.08
MA20:	14.61
MA50:	14.20
MA100:	13.81
MAexp7:	14.05
MAexp20:	14.35
MAexp50:	14.21
MAexp100:	13.94
Price / MA7:	-2.49%
Price / MA20:	-6.02%
Price / MA50:	-3.31%
Price / MA100:	-0.58%
Price / MAexp7:	-2.28%
Price / MAexp20:	-4.32%
Price / MAexp50:	-3.38%
Price / MAexp100:	-1.51%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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