ING GROEP - Daily - Technical analysis published on 01/11/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Neutral
Technical indicators
11%
67%
22%
My opinion
Bearish under 13.079 EUR
My targets
12.567 EUR (-1.76%)
11.758 EUR (-8.08%)
My analysis
The strong short-term decrease of ING GROEP should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 13.079 EUR, a sale could be considered. The first bearish objective is located at 12.567 EUR. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 11.758 EUR. If there is any crossing, the next objective would be support 10.331 EUR. Caution, if there is a return to above 13.079 EUR, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
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
0
10
2.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ING GROEP rating 12.792 EUR. The price is lower by -1.60% since the last closing with the lowest point at 12.792 EUR and the highest point at 12.792 EUR. The deviation from the price is 0% for the low point and 0% for the high point.12.792
12.792
12.792
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of ING GROEP in Daily shows a neutral overall trend. The trend could quickly turn bearish due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10.331 | 11.758 | 12.567 | 12.792 | 13.079 | 13.740 | 15.704 |
| Change (%) | -19.24% | -8.08% | -1.76% | - | +2.24% | +7.41% | +22.76% |
| Change | -2.461 | -1.034 | -0.225 | - | +0.287 | +0.948 | +2.912 |
| Level | Major | Intermediate | Intermediate | - | Major | Intermediate | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.915 | 12.957 | 12.979 | 13.021 | 13.043 | 13.085 | 13.107 |
| Camarilla | 12.982 | 12.988 | 12.994 | 13.000 | 13.006 | 13.012 | 13.018 |
| Woodie | 12.904 | 12.952 | 12.968 | 13.016 | 13.032 | 13.080 | 13.096 |
| Fibonacci | 12.957 | 12.982 | 12.997 | 13.021 | 13.046 | 13.061 | 13.085 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.222 | 12.544 | 12.932 | 13.254 | 13.642 | 13.964 | 14.352 |
| Camarilla | 13.125 | 13.190 | 13.255 | 13.320 | 13.385 | 13.450 | 13.515 |
| Woodie | 12.255 | 12.561 | 12.965 | 13.271 | 13.675 | 13.981 | 14.385 |
| Fibonacci | 12.544 | 12.815 | 12.983 | 13.254 | 13.525 | 13.693 | 13.964 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.083 | 12.477 | 13.015 | 13.409 | 13.947 | 14.341 | 14.879 |
| Camarilla | 13.298 | 13.383 | 13.469 | 13.554 | 13.639 | 13.725 | 13.810 |
| Woodie | 12.156 | 12.513 | 13.088 | 13.445 | 14.020 | 14.377 | 14.952 |
| Fibonacci | 12.477 | 12.833 | 13.053 | 13.409 | 13.765 | 13.985 | 14.341 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 33.92 | |
| MACD (12,26,9): | 0.0240 | |
| Directional Movement: | -24.422 | |
| AROON (14): | -100.000 | |
| DEMA (21): | 13.364 | |
| Parabolic SAR (0,02-0,02-0,2): | 13.435 | |
| Elder Ray (13): | -0.474 | |
| Super Trend (3,10): | 13.312 | |
| Zig ZAG (10): | 12.792 | |
| VORTEX (21): | 0.8950 | |
| Stochastique (14,3,5): | 18.73 | |
| TEMA (21): | 13.226 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -0.820 | |
| Repulse (5,40,3): | 0.8660 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.1750 | |
| Courbe Coppock: | 5.27 |
| MA7: | 13.206 | |
| MA20: | 13.458 | |
| MA50: | 12.874 | |
| MA100: | 12.881 | |
| MAexp7: | 13.157 | |
| MAexp20: | 13.269 | |
| MAexp50: | 13.064 | |
| MAexp100: | 12.788 | |
| Price / MA7: | -3.13% | |
| Price / MA20: | -4.95% | |
| Price / MA50: | -0.64% | |
| Price / MA100: | -0.69% | |
| Price / MAexp7: | -2.77% | |
| Price / MAexp20: | -3.59% | |
| Price / MAexp50: | -2.08% | |
| Price / MAexp100: | +0.03% |
Quotes :
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15 min delayed data
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Italy Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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