ING Price Prediction Next Week
Analysis and Insights
News Sentiment and Recent Developments:
ING Groep (ING) has shown strong performance recently, driven by positive news such as a €70 million share repurchase program and increased price targets by Morgan Stanley to EUR 21. This has contributed to a 16.98% increase in stock price last week.
Technical Analysis:
- Price Trends: ING's stock is currently at $19.87, with RSI values indicating a near-overbought condition.
- Momentum Indicators: The Stochastic Oscillator shows overbought signals, suggesting a potential pullback.
- Support and Resistance: Key support levels are at $19.78 and $19.57, with resistance at $20.44 and $20.65.
Prediction and Recommendation:
Based on the analysis, the stock is expected to reach $20.10 next week. Given the overbought conditions, it is advisable to sell or hold until further bullish signals emerge.
ING Similar Chart Price Prediction
The price of ING is predicted to go up -17.02%, based on the high correlation periods with SMLR. The similarity of these two price pattern on the periods is 98.45%.
ING
SMLR
Down: -17.02%Similarity: 98.45%
ING Revenue Forecast
ING EPS Forecast
ING FAQs
What is ING revenue forecast for next quarter？
ING VS S&P500
Dutch banking system is an oligopoly with the three main banks holding more than 90% of Dutch current accounts.
A very attractive funding structure dominated by cheap, sticky retail deposits.
Ahead of the curve in direct banking using digital channels, ING DiBa in Germany one of the most successful digital banks in Europe.
