ING GROUP N.V.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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Type:	Stocks
Ticker:	ING
ISIN:

ING GROUP N.V. - 1H - Technical analysis published on 12/11/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

44%

17%

39%

My opinion

Bullish above 14.280 USD

My targets

15.473 USD (+6.13%)

15.970 USD (+9.53%)

My analysis

ING GROUP N.V. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 14.280 USD. The next resistance located at 15.473 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 15.970 USD. After this resistance, buyers could then target 21.770 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

Force

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

ING GROUP N.V. rating 14.580 USD. The price registered a decrease of -0.07% on the session and was between 14.530 USD and 14.600 USD. This implies that the price is at +0.34% from its lowest and at -0.14% from its highest.

14.530

14.600

14.580

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by ING GROUP N.V.:

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

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of ING GROUP N.V. in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	13.330	13.990	14.280	14.580	14.630	15.970	21.770
Change (%)	-8.57%	-4.05%	-2.06%	-	+0.34%	+9.53%	+49.31%
Change	-1.250	-0.590	-0.300	-	+0.050	+1.390	+7.190
Level	Minor	Major	Intermediate	-	Major	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	14.323	14.397	14.493	14.567	14.663	14.737	14.833
Camarilla	14.543	14.559	14.574	14.590	14.606	14.621	14.637
Woodie	14.335	14.403	14.505	14.573	14.675	14.743	14.845
Fibonacci	14.397	14.462	14.502	14.567	14.632	14.672	14.737

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.523	13.757	14.173	14.407	14.823	15.057	15.473
Camarilla	14.411	14.471	14.530	14.590	14.650	14.709	14.769
Woodie	13.615	13.803	14.265	14.453	14.915	15.103	15.565
Fibonacci	13.757	14.005	14.158	14.407	14.655	14.808	15.057

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.275	11.860	12.970	13.555	14.665	15.250	16.360
Camarilla	13.614	13.769	13.925	14.080	14.235	14.391	14.546
Woodie	11.538	11.991	13.233	13.686	14.928	15.381	16.623
Fibonacci	11.860	12.508	12.908	13.555	14.203	14.603	15.250

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	68.88
MACD (12,26,9):	0.0830
Directional Movement:	20.448
AROON (14):	14.286
DEMA (21):	14.626
Parabolic SAR (0,02-0,02-0,2):	14.500
Elder Ray (13):	0.033
Super Trend (3,10):	14.457
Zig ZAG (10):	14.585
VORTEX (21):	1.2510
Stochastique (14,3,5):	72.55
TEMA (21):	14.627
Williams %R (14):	-32.35
Chande Momentum Oscillator (20):	-0.005
Repulse (5,40,3):	-0.0350
ROCnROLL:	1
TRIX (15,9):	0.0970
Courbe Coppock:	1.83

MA7:	14.305
MA20:	13.982
MA50:	13.416
MA100:	13.693
MAexp7:	14.574
MAexp20:	14.509
MAexp50:	14.343
MAexp100:	14.121
Price / MA7:	+1.92%
Price / MA20:	+4.28%
Price / MA50:	+8.68%
Price / MA100:	+6.48%
Price / MAexp7:	+0.04%
Price / MAexp20:	+0.49%
Price / MAexp50:	+1.65%
Price / MAexp100:	+3.25%

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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