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INGA (Ing) Stock Analysis
Buy, Hold or Sell?

Let's analyze Ing together

I guess you are interested in ING Groep NV. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • πŸ“Š Fundamental Analysis (FA) – Ing’s Financial Insights
  • πŸ“ˆ Technical Analysis (TA) – Ing’s Price Targets

I'm going to help you getting a better view of ING Groep NV. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Ing (30 sec.)










1.2. What can you expect buying and holding a share of Ing? (30 sec.)

How much money do you get?

How much money do you get?
€0.00
When do you have the money?
1 year
How often do you get paid?
90.0%

What is your share worth?

Current worth
€16.57
Expected worth in 1 year
€24.31
How sure are you?
70.0%

+ What do you gain per year?

Total Gains per Share
€7.74
Return On Investment
45.9%

For what price can you sell your share?

Current Price per Share
€16.88
Expected price per share
€14.43 - €19.04
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Ing (5 min.)




Live pricePrice per Share (EOD)
€16.88

2.2. Growth of Ing (5 min.)




Is Ing growing?

Current yearPrevious yearGrowGrow %
How rich?$58.4b$59.4b-$994.4m-1.7%

How much money is Ing making?

Current yearPrevious yearGrowGrow %
Making money$7.2b$8.3b-$1b-14.0%
Net Profit Margin28.3%32.3%--

How much money comes from the company's main activities?

2.3. Financial Health of Ing (5 min.)




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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Ing?

Welcome investor! Ing's management wants to use your money to grow the business. In return you get a share of Ing.

First you should know what it really means to hold a share of Ing. And how you can make/lose money.

Speculation

The Price per Share of Ing is €16.88. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Ing.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Ing, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €16.57. Based on the TTM, the Book Value Change Per Share is €1.94 per quarter. Based on the YOY, the Book Value Change Per Share is €0.73 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Ing.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 β‚¬% of Price per Share€% of Price per Share€% of Price per Share€% of Price per Share€% of Price per Share€% of Price per Share
Usd Eps2.3513.9%2.3513.9%2.3313.8%2.8316.8%2.1212.6%1.7610.5%
Usd Book Value Change Per Share2.2013.1%2.2013.1%0.834.9%-75.16-445.4%-40.44-239.6%0.160.9%
Usd Dividend Per Share0.000.0%0.000.0%0.955.6%0.643.8%0.523.1%0.613.6%
Usd Total Gains Per Share2.2013.1%2.2013.1%1.7810.5%-74.52-441.6%-39.91-236.5%0.774.5%
Usd Price Per Share17.23-17.23-15.41-15.20-13.65-13.80-
Price to Earnings Ratio7.33-7.33-6.62-5.78-7.86-8.91-
Price-to-Total Gains Ratio7.82-7.82-8.68-5.48-2.83-5.15-
Price to Book Ratio0.91-0.91-0.92-0.89-0.55-0.67-
Price-to-Total Gains Ratio7.82-7.82-8.68-5.48-2.83-5.15-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share19.2234516
Number of shares52
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.52
Usd Book Value Change Per Share2.20-40.44
Usd Total Gains Per Share2.20-39.91
Gains per Quarter (52 shares)114.62-2,075.42
Gains per Year (52 shares)458.50-8,301.69
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10458448109-8411-8312
20917906218-16821-16614
3013751364327-25232-24916
4018341822436-33642-33218
5022922280545-42053-41520
6027512738654-50464-49822
7032093196762-58874-58124
8036683654871-67285-66426
9041264112980-75695-74728
100458545701089-84106-83030

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%25.02.00.092.6%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%7.03.00.070.0%17.010.00.063.0%
Dividend per Share0.00.01.00.0%2.00.01.066.7%4.00.01.080.0%9.00.01.090.0%22.00.05.081.5%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%7.03.00.070.0%18.09.00.066.7%
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3.2. Key Performance Indicators

The key performance indicators of ING Groep NV compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--1.9351.9350%0.727+166%-65.985+3510%-35.498+1934%0.140+1287%
Book Value Per Share--16.57116.5710%14.636+13%15.039+10%95.907-83%72.560-77%
Current Ratio----0%0.254-100%0.174-100%0.245-100%139.196-100%
Debt To Asset Ratio--0.9500.9500%0.947+0%0.948+0%0.610+56%0.697+36%
Debt To Equity Ratio--19.26419.2640%17.695+9%18.447+4%11.835+63%12.642+52%
Dividend Per Share----0%0.832-100%0.562-100%0.460-100%0.533-100%
Enterprise Value---922389366315.710-922389366315.7100%-965390752200.000+5%-881772196705.237-4%-495838867123.142-46%-532685989132.069-42%
Eps--2.0642.0640%2.044+1%2.485-17%1.864+11%1.548+33%
Ev To Sales Ratio---40.785-40.7850%-42.762+5%-8735.165+21318%-5239.254+12746%-2635.943+6363%
Gross Profit Margin--1.0001.0000%0.949+5%0.953+5%0.932+7%0.921+9%
Market Cap51298650619.904+9%46846633684.29046846633684.2900%48224247800.000-3%45448136628.097+3%42756532876.858+10%45150810867.932+4%
Net Profit Margin--0.2830.2830%0.323-12%42.432-99%25.539-99%12.900-98%
Operating Margin----0%-0.0400%53.872-100%32.438-100%17.032-100%
Operating Ratio----0%0.512-100%53.722-100%31.948-100%16.291-100%
Pb Ratio1.018+10%0.9130.9130%0.924-1%0.885+3%0.550+66%0.670+36%
Pe Ratio8.175+10%7.3297.3290%6.618+11%5.784+27%7.864-7%8.912-18%
Price Per Share16.876+10%15.13015.1300%13.526+12%13.348+13%11.985+26%12.117+25%
Price To Free Cash Flow Ratio----0%-4.1620%-2.6000%-2.1320%-0.1660%
Price To Total Gains Ratio8.721+10%7.8197.8190%8.676-10%5.479+43%2.832+176%5.146+52%
Quick Ratio----0%-0.0830%0.086-100%0.223-100%190.436-100%
Return On Assets--0.0060.0060%0.007-16%0.006+7%0.005+24%0.005+21%
Return On Equity--0.1270.1270%0.140-9%0.113+12%0.096+32%0.094+36%
Total Gains Per Share--1.9351.9350%1.559+24%-65.423+3481%-35.038+1911%0.672+188%
Usd Book Value--58446081900.00058446081900.0000%59440516200.000-2%58436589400.000+0%420642747240.000-86%319406943390.000-82%
Usd Book Value Change Per Share--2.2042.2040%0.828+166%-75.163+3510%-40.436+1934%0.159+1287%
Usd Book Value Per Share--18.87618.8760%16.672+13%17.131+10%109.248-83%82.653-77%
Usd Dividend Per Share----0%0.948-100%0.640-100%0.524-100%0.607-100%
Usd Enterprise Value---1050693727170.225-1050693727170.2250%-1099676605831.020+5%-1004426709266.935-4%-564810053539.971-46%-606782610220.339-42%
Usd Eps--2.3522.3520%2.328+1%2.830-17%2.123+11%1.764+33%
Usd Free Cash Flow----0%-13197612600.0000%-8706141300.0000%14770937520.000-100%11057699340.000-100%
Usd Market Cap58434292921.133+9%53363000429.77553363000429.7750%54932240668.980-3%51769972433.065+3%48703966600.029+10%51431288659.661+4%
Usd Price Per Share19.223+10%17.23517.2350%15.407+12%15.205+13%13.653+26%13.802+25%
Usd Profit--7281127200.0007281127200.0000%8300621700.000-12%6588934100.000+11%5607561480.000+30%5429406240.000+34%
Usd Revenue--25761885600.00025761885600.0000%25716321600.000+0%17170413700.000+50%18527461500.000+39%19310023200.000+33%
Usd Total Gains Per Share--2.2042.2040%1.776+24%-74.523+3481%-39.912+1911%0.766+188%
 EOD+4 -3MRQTTM+0 -0YOY+16 -153Y+18 -155Y+18 -1610Y+18 -16

3.3 Fundamental Score

Let's check the fundamental score of ING Groep NV based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-158.175
Price to Book Ratio (EOD)Between0-11.018
Net Profit Margin (MRQ)Greater than00.283
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.950
Debt to Equity Ratio (MRQ)Less than119.264
Return on Equity (MRQ)Greater than0.150.127
Return on Assets (MRQ)Greater than0.050.006
Total3/10 (30.0%)

3.4 Technical Score

Let's check the technical score of ING Groep NV based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.573
Ma 20Greater thanMa 5016.757
Ma 50Greater thanMa 10017.313
Ma 100Greater thanMa 20016.328
OpenGreater thanClose16.750
Total2/5 (40.0%)

4. In-depth Analysis

4.1 About ING Groep NV

ING Groep N.V. provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally. The company operates through five segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking. It accepts current and savings accounts, as well as time deposits. The company also offers business lending products; SME loans; consumer lending products, such as residential mortgage loans and other consumer lending loans; and mortgages. In addition, it provides working capital solutions; debt and equity market solutions; various loans; payments; and cash management, trade and corporate finance, and treasury services, as well as savings, investment, insurance, and digital banking services. The company serves individual customers, corporate clients, and financial institutions. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands.

Fundamental data was last updated by Penke on 2025-04-11 17:00:03.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profitΒ Ing earns for each €1 of revenue.

  • Above 10% is considered healthy but always compareΒ Ing to theΒ Banks - Diversified industry mean.
  • A Net Profit Margin of 28.3%Β means thatΒ €0.28 for each €1Β in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of ING Groep NV:

  • The MRQ is 28.3%. The company is making a huge profit. +2
  • The TTM is 28.3%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ28.3%TTM28.3%0.0%
TTM28.3%YOY32.3%-4.0%
TTM28.3%5Y2,553.9%-2,525.7%
5Y2,553.9%10Y1,290.0%+1,263.9%
4.3.1.2. Return on Assets

Shows howΒ efficientΒ Ing is using its assets to generate profit.

  • Above 5% is considered healthyΒ but always compareΒ Ing to theΒ Banks - Diversified industry mean.
  • 0.6% Return on Assets means thatΒ Ing generatedΒ €0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of ING Groep NV:

  • The MRQ is 0.6%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.6%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.6%TTM0.6%0.0%
TTM0.6%YOY0.7%-0.1%
TTM0.6%5Y0.5%+0.1%
5Y0.5%10Y0.5%0.0%
4.3.1.3. Return on Equity

Shows how efficient Ing is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compareΒ Ing to theΒ Banks - Diversified industry mean.
  • 12.7% Return on Equity means Ing generated €0.13Β for eachΒ €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of ING Groep NV:

  • The MRQ is 12.7%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 12.7%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ12.7%TTM12.7%0.0%
TTM12.7%YOY14.0%-1.3%
TTM12.7%5Y9.6%+3.1%
5Y9.6%10Y9.4%+0.3%
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4.3.2. Operating Efficiency of ING Groep NV.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

MeasuresΒ how efficient Ing is operatingΒ .

  • Measures how much profit Ing makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compareΒ Ing to theΒ Banks - Diversified industry mean.
  • An Operating Margin of 0.0%Β means the company generated €0.00 Β for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of ING Groep NV:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-4.0%+4.0%
TTM-5Y3,243.8%-3,243.8%
5Y3,243.8%10Y1,703.2%+1,540.6%
4.3.2.2. Operating Ratio

Measures how efficient Ing is keepingΒ operating costsΒ low.

  • Below 1 is considered healthy (always compare toΒ Banks - Diversified industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are €0.00 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of ING Groep NV:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY0.512-0.512
TTM-5Y31.948-31.948
5Y31.94810Y16.291+15.657
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4.4.3. Liquidity of ING Groep NV.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Ing is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare toΒ Banks - Diversified industry mean).
  • A Current Ratio of 0.00Β means the company has €0.00 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of ING Groep NV:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY0.254-0.254
TTM-5Y0.245-0.245
5Y0.24510Y139.196-138.951
4.4.3.2. Quick Ratio

Measures if Ing is able to pay off Short-term Debt but only usingΒ theΒ most liquid assets.

  • Above 1 is considered healthy butΒ always compareΒ Ing to theΒ Banks - Diversified industry mean.
  • A Quick Ratio of 0.00Β means the company can pay off €0.00 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of ING Groep NV:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.083+0.083
TTM-5Y0.223-0.223
5Y0.22310Y190.436-190.212
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4.5.4. Solvency of ING Groep NV.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much %Β of IngΒ assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compareΒ Ing to Banks - Diversified industry mean.
  • A Debt to Asset Ratio of 0.95Β means that Ing assets areΒ financed with 95.0% credit (debt) and the remaining percentage (100% - 95.0%)Β is financed by its owners/shareholders.Β 

Let's take a look of the Debt to Asset Ratio trends of ING Groep NV:

  • The MRQ is 0.950. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.950. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.950TTM0.9500.000
TTM0.950YOY0.947+0.003
TTM0.9505Y0.610+0.339
5Y0.61010Y0.697-0.086
4.5.4.2. Debt to Equity Ratio

Measures ifΒ Ing is able toΒ pay off its debts by usingΒ shareholders equity.

  • Below 2 is considered healthy butΒ always compareΒ Ing to theΒ Banks - Diversified industry mean.
  • A Debt to Equity ratio of 1,926.4% means that company has €19.26 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of ING Groep NV:

  • The MRQ is 19.264. The company is unable to pay all its debts with equity. -1
  • The TTM is 19.264. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ19.264TTM19.2640.000
TTM19.264YOY17.695+1.569
TTM19.2645Y11.835+7.429
5Y11.83510Y12.642-0.807
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

MeasuresΒ how much money you payΒ for each share forΒ every €1 in earnings Ing generates.

  • Above 15 is considered overpriced butΒ always compareΒ Ing to theΒ Banks - Diversified industry mean.
  • A PE ratio of 7.33 means the investor is paying €7.33Β for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of ING Groep NV:

  • The EOD is 8.175. Based on the earnings, the company is underpriced. +1
  • The MRQ is 7.329. Based on the earnings, the company is cheap. +2
  • The TTM is 7.329. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD8.175MRQ7.329+0.846
MRQ7.329TTM7.3290.000
TTM7.329YOY6.618+0.711
TTM7.3295Y7.864-0.535
5Y7.86410Y8.912-1.048
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of ING Groep NV:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-4.162+4.162
TTM-5Y-2.132+2.132
5Y-2.13210Y-0.166-1.966
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price ofΒ Ing is to cheap or to expensiveΒ compared to its book value.

  • At or below 1 is considered healthyΒ (always compare to Banks - Diversified industry mean).
  • A PB ratio of 0.91 means the investor is paying €0.91Β for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of ING Groep NV:

  • The EOD is 1.018. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.913. Based on the equity, the company is cheap. +2
  • The TTM is 0.913. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.018MRQ0.913+0.105
MRQ0.913TTM0.9130.000
TTM0.913YOY0.924-0.011
TTM0.9135Y0.550+0.363
5Y0.55010Y0.670-0.120
4.6.2. Total Gains per Share

2.4. Latest News of ING Groep NV

Does ING Groep NV still have the same value as the quarterly reports suggest? Recent changes may be an indication that the value of the company is changing. Read the news from ING Groep NV to keep up to date. Note: the news is often already included in the price.

DateTitleRead
2025-04-14
06:07
Investing in ING Groep (AMS:INGA) five years ago would have delivered you a 338% gainRead
2025-04-08
08:00
Progress on share buyback programmeRead
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6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2024-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets1,020,545,000
Total Liabilities969,236,000
Total Stockholder Equity50,314,000
 As reported
Total Liabilities 969,236,000
Total Stockholder Equity+ 50,314,000
Total Assets = 1,020,545,000

Assets

Total Assets1,020,545,000
Total Current Assets0
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 70,353,000
Short-term Investments 44,781,000
Total Current Assets  (as reported)0
Total Current Assets  (calculated)115,134,000
+/- 115,134,000
Long-term Assets
Property Plant Equipment 2,434,000
Long Term Investments 231,851,000
Long-term Assets  (as reported)0
Long-term Assets  (calculated)234,285,000
+/- 234,285,000

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities0
Total Stockholder Equity50,314,000
Total Current Liabilities
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)0
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Total Stockholder Equity (as reported)50,314,000
Total Stockholder Equity (calculated)0
+/- 50,314,000
Other
Common Stock Shares Outstanding 3,096,275
Net Debt 89,892,000
Net Invested Capital 210,559,000



6.2. Balance Sheets Structured

Currency in EUR. All numbers in thousands.

 Trend2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-311999-12-311998-12-311997-12-31
> Total Assets 
278,392,358
392,703,477
494,260,463
651,974,374
706,347,089
717,017,487
777,411,746
865,561,254
1,157,759,243
1,226,307,000
1,312,510,000
1,331,663,000
1,159,972,000
1,242,844,000
1,273,580,000
1,162,128,000
1,076,602,000
992,856,000
841,769,000
845,081,000
846,216,000
887,030,000
891,744,000
937,379,000
951,290,000
967,817,000
975,583,000
1,020,545,000
1,020,545,000975,583,000967,817,000951,290,000937,379,000891,744,000887,030,000846,216,000845,081,000841,769,000992,856,0001,076,602,0001,162,128,0001,273,580,0001,242,844,0001,159,972,0001,331,663,0001,312,510,0001,226,307,0001,157,759,243865,561,254777,411,746717,017,487706,347,089651,974,374494,260,463392,703,477278,392,358
   > Total Current Assets 
11,298,989
11,421,466
16,257,411
67,894,211
30,321,968
77,429,765
90,950,578
82,941,788
34,300,094
61,706,000
62,040,000
79,322,000
66,935,000
59,898,000
75,070,000
62,907,000
44,780,000
32,290,000
39,328,000
41,361,000
39,859,000
83,110,000
87,049,000
148,251,000
139,156,000
119,862,000
150,443,000
0
0150,443,000119,862,000139,156,000148,251,00087,049,00083,110,00039,859,00041,361,00039,328,00032,290,00044,780,00062,907,00075,070,00059,898,00066,935,00079,322,00062,040,00061,706,00034,300,09482,941,78890,950,57877,429,76530,321,96867,894,21116,257,41111,421,46611,298,989
       Cash And Cash Equivalents 
2,411,452
2,324,692
4,992,801
44,254,853
9,280,125
57,154,376
72,671,214
66,058,506
13,073,296
14,326,000
12,406,000
22,045,000
15,390,000
13,072,000
31,194,000
17,657,000
13,316,000
49,352,000
51,446,000
19,671,000
21,989,000
49,987,000
53,202,000
112,230,000
108,007,000
87,251,000
89,892,000
70,353,000
70,353,00089,892,00087,251,000108,007,000112,230,00053,202,00049,987,00021,989,00019,671,00051,446,00049,352,00013,316,00017,657,00031,194,00013,072,00015,390,00022,045,00012,406,00014,326,00013,073,29666,058,50672,671,21457,154,3769,280,12544,254,8534,992,8012,324,6922,411,452
       Short-term Investments 
0
0
0
0
0
0
0
0
107,000
26,351,000
26,079,000
30,904,000
27,781,000
25,016,000
24,776,000
29,031,000
19,283,000
95,401,000
87,000,000
14,816,000
69,730,000
28,844,000
32,789,000
34,839,000
29,797,000
30,982,000
40,166,000
44,781,000
44,781,00040,166,00030,982,00029,797,00034,839,00032,789,00028,844,00069,730,00014,816,00087,000,00095,401,00019,283,00029,031,00024,776,00025,016,00027,781,00030,904,00026,079,00026,351,000107,00000000000
       Net Receivables 
8,887,537
9,096,774
11,264,610
23,639,357
21,041,843
20,275,390
18,279,365
16,883,282
21,226,798
21,029,000
23,555,000
26,373,000
23,764,000
21,810,000
19,100,000
16,219,000
12,181,000
7,692,000
7,267,000
6,874,000
5,670,000
1,036,000
1,058,000
1,182,000
1,352,000
1,266,000
834,000
0
0834,0001,266,0001,352,0001,182,0001,058,0001,036,0005,670,0006,874,0007,267,0007,692,00012,181,00016,219,00019,100,00021,810,00023,764,00026,373,00023,555,00021,029,00021,226,79816,883,28218,279,36520,275,39021,041,84323,639,35711,264,6109,096,7748,887,537
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
165,427,000
26,424,000
150,319,000
154,703,000
165,532,000
142,574,000
163,715,000
159,300,000
145,784,000
150,443,000
0
0150,443,000145,784,000159,300,000163,715,000142,574,000165,532,000154,703,000150,319,00026,424,000165,427,00000000000000000000
   > Long-term Assets 
127,472,509
168,207,308
223,100,886
307,114,670
342,746,470
333,873,040
374,570,154
347,748,991
490,640,361
495,453,000
483,828,000
403,539,000
362,446,000
407,090,000
367,833,000
330,949,000
220,275,000
242,063,000
234,083,000
117,338,000
204,423,000
98,359,000
179,705,000
108,690,000
113,077,000
194,063,000
825,140,000
0
0825,140,000194,063,000113,077,000108,690,000179,705,00098,359,000204,423,000117,338,000234,083,000242,063,000220,275,000330,949,000367,833,000407,090,000362,446,000403,539,000483,828,000495,453,000490,640,361347,748,991374,570,154333,873,040342,746,470307,114,670223,100,886168,207,308127,472,509
       Property Plant Equipment 
2,418,179
9,602,145
3,587,582
2,134,804
2,035,401
1,416,113
1,308,561
1,251,105
5,752,284
6,031,000
6,237,000
6,396,000
6,119,000
6,132,000
2,886,000
2,674,000
2,446,000
2,100,000
2,027,000
2,002,000
1,801,000
1,659,000
3,172,000
2,841,000
2,515,000
2,446,000
2,399,000
2,434,000
2,434,0002,399,0002,446,0002,515,0002,841,0003,172,0001,659,0001,801,0002,002,0002,027,0002,100,0002,446,0002,674,0002,886,0006,132,0006,119,0006,396,0006,237,0006,031,0005,752,2841,251,1051,308,5611,416,1132,035,4012,134,8043,587,5829,602,1452,418,179
       Goodwill 
0
0
0
0
0
0
0
0
173,000
305,000
2,245,000
3,070,000
3,071,000
2,765,000
1,794,000
1,966,000
1,137,000
1,061,000
985,000
903,000
816,000
918,000
907,000
533,000
472,000
464,000
469,000
0
0469,000464,000472,000533,000907,000918,000816,000903,000985,0001,061,0001,137,0001,966,0001,794,0002,765,0003,071,0003,070,0002,245,000305,000173,00000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
101,350,000
96,875,000
212,407,000
201,151,000
195,145,000
176,296,000
142,816,000
180,123,000
103,029,000
210,975,000
231,851,000
231,851,000210,975,000103,029,000180,123,000142,816,000176,296,000195,145,000201,151,000212,407,00096,875,000101,350,00000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
3,661,000
3,217,000
3,495,000
3,845,000
2,950,000
2,607,000
1,764,000
673,000
704,000
594,000
582,000
581,000
653,000
921,000
1,010,000
860,000
684,000
637,000
1,198,000
0
01,198,000637,000684,000860,0001,010,000921,000653,000581,000582,000594,000704,000673,0001,764,0002,607,0002,950,0003,845,0003,495,0003,217,0003,661,00000000000
       Earning Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
235,171,000
216,333,000
205,324,000
199,039,000
176,809,000
0
0
0
0
0
00000176,809,000199,039,000205,324,000216,333,000235,171,000000000000000000000
       Other Assets 
139,620,860
213,074,703
254,902,166
276,965,493
333,278,652
305,714,682
311,891,014
434,870,474
632,818,788
669,148,000
766,642,000
848,802,000
730,591,000
775,856,000
830,677,000
768,272,000
811,547,000
718,503,000
568,358,000
686,382,000
601,934,000
705,561,000
624,990,000
680,438,000
699,057,000
653,892,000
0
0
00653,892,000699,057,000680,438,000624,990,000705,561,000601,934,000686,382,000568,358,000718,503,000811,547,000768,272,000830,677,000775,856,000730,591,000848,802,000766,642,000669,148,000632,818,788434,870,474311,891,014305,714,682333,278,652276,965,493254,902,166213,074,703139,620,860
> Total Liabilities 
257,513,106
363,171,939
458,129,240
622,913,360
680,786,004
694,637,939
752,611,013
836,222,245
1,119,362,557
1,185,092,000
1,272,979,000
1,302,735,000
1,122,936,000
1,198,745,000
1,227,351,000
1,109,286,000
1,026,749,000
934,360,000
793,299,000
794,682,000
795,095,000
835,297,000
135,820,000
79,553,000
116,636,000
917,406,000
923,401,000
969,236,000
969,236,000923,401,000917,406,000116,636,00079,553,000135,820,000835,297,000795,095,000794,682,000793,299,000934,360,0001,026,749,0001,109,286,0001,227,351,0001,198,745,0001,122,936,0001,302,735,0001,272,979,0001,185,092,0001,119,362,557836,222,245752,611,013694,637,939680,786,004622,913,360458,129,240363,171,939257,513,106
   > Total Current Liabilities 
99,073,992
161,636,966
82,085,066
77,269,247
9,243,036
13,945,763
15,093,716
16,512,967
42,917,966
40,433,317
41,104,781
91,565,813
17,109,000
13,504,000
11,853,000
10,640,000
7,880,000
5,742,000
5,156,000
4,394,000
3,606,000
61,000
476,209,000
416,598,000
401,101,000
444,094,000
593,280,000
0
0593,280,000444,094,000401,101,000416,598,000476,209,00061,0003,606,0004,394,0005,156,0005,742,0007,880,00010,640,00011,853,00013,504,00017,109,00091,565,81341,104,78140,433,31742,917,96616,512,96715,093,71613,945,7639,243,03677,269,24782,085,066161,636,96699,073,992
       Short-term Debt 
94,971,269
161,636,966
73,655,740
66,435,517
9,243,036
6,627,906
8,854,229
10,015,481
32,227,313
29,639,317
27,100,781
73,749,813
0
0
0
0
0
150,550,000
51,549,000
59,231,000
59,328,000
122,832,000
117,834,000
39,628,000
51,091,000
83,013,000
68,530,000
0
068,530,00083,013,00051,091,00039,628,000117,834,000122,832,00059,328,00059,231,00051,549,000150,550,0000000073,749,81327,100,78129,639,31732,227,31310,015,4818,854,2296,627,9069,243,03666,435,51773,655,740161,636,96694,971,269
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
150,550,000
51,549,000
42,278,000
44,387,000
55,310,000
51,809,000
0
0
0
0
0
0000051,809,00055,310,00044,387,00042,278,00051,549,000150,550,00000000000000000000
       Accounts payable 
4,102,723
0
8,429,327
10,833,730
9,675,000
7,317,857
6,239,488
6,497,485
10,690,653
10,794,000
13,720,000
17,641,000
16,989,000
13,331,000
11,770,000
10,619,000
7,880,000
5,742,000
5,156,000
4,394,000
3,606,000
61,000
4,741,000
4,877,000
5,082,000
697,431,000
-68,544,000
0
0-68,544,000697,431,0005,082,0004,877,0004,741,00061,0003,606,0004,394,0005,156,0005,742,0007,880,00010,619,00011,770,00013,331,00016,989,00017,641,00013,720,00010,794,00010,690,6536,497,4856,239,4887,317,8579,675,00010,833,7308,429,32704,102,723
       Other Current Liabilities 
-99,073,992
-161,636,966
-82,085,066
-77,269,247
-9,243,036
-13,945,763
-15,093,716
-16,512,967
-42,917,966
-40,433,317
-41,104,781
-91,565,813
-17,109,000
-13,504,000
-11,853,000
-10,640,000
-7,880,000
-5,742,000
-5,156,000
-59,231,000
-59,328,000
-61,000
353,625,000
372,078,000
344,909,000
361,051,000
593,280,000
0
0593,280,000361,051,000344,909,000372,078,000353,625,000-61,000-59,328,000-59,231,000-5,156,000-5,742,000-7,880,000-10,640,000-11,853,000-13,504,000-17,109,000-91,565,813-41,104,781-40,433,317-42,917,966-16,512,967-15,093,716-13,945,763-9,243,036-77,269,247-82,085,066-161,636,966-99,073,992
   > Long-term Liabilities 
36,975,508
35,979,950
85,450,039
123,263,885
135,180,523
92,139,810
129,913,630
116,819,742
119,518,835
116,696,000
114,698,000
152,194,000
164,575,000
180,729,000
182,630,000
182,934,000
161,121,000
144,061,000
138,343,000
132,673,000
112,806,000
142,644,000
135,820,000
79,553,000
116,636,000
917,406,000
330,121,000
0
0330,121,000917,406,000116,636,00079,553,000135,820,000142,644,000112,806,000132,673,000138,343,000144,061,000161,121,000182,934,000182,630,000180,729,000164,575,000152,194,000114,698,000116,696,000119,518,835116,819,742129,913,63092,139,810135,180,523123,263,88585,450,03935,979,95036,975,508
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
86,489,000
79,971,000
67,667,000
78,166,000
84,814,000
0
0
0
0
0
0000084,814,00078,166,00067,667,00079,971,00086,489,000000000000000000000
       Other Liabilities 
0
0
0
41,147,000
30,545,000
38,836,000
69,722,000
37,235,000
139,926,000
177,875,000
464,401,000
473,594,000
402,814,000
431,966,000
503,980,000
431,708,000
363,200,000
261,201,000
9,022,000
15,381,000
15,241,000
15,466,000
12,484,000
11,211,000
12,683,000
15,476,000
0
0
0015,476,00012,683,00011,211,00012,484,00015,466,00015,241,00015,381,0009,022,000261,201,000363,200,000431,708,000503,980,000431,966,000402,814,000473,594,000464,401,000177,875,000139,926,00037,235,00069,722,00038,836,00030,545,00041,147,000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
962,000
640,000
658,000
435,000
0
0
0
0
0
0
0
0000000435,000658,000640,000962,00000000000000000000
> Total Stockholder Equity
20,694,343
28,913,786
35,157,309
27,769,484
24,097,754
20,418,335
23,073,718
27,128,920
38,396,686
38,266,000
37,208,000
17,334,000
31,121,000
38,370,000
42,452,000
49,511,000
42,440,000
50,424,000
47,832,000
49,793,000
50,406,000
50,930,000
53,770,000
47,674,000
53,920,000
49,907,000
52,184,000
50,314,000
50,314,00052,184,00049,907,00053,920,00047,674,00053,770,00050,930,00050,406,00049,793,00047,832,00050,424,00042,440,00049,511,00042,452,00038,370,00031,121,00017,334,00037,208,00038,266,00038,396,68627,128,92023,073,71820,418,33524,097,75427,769,48435,157,30928,913,78620,694,343
   Common Stock
0
0
539,628
473,000
479,000
479,000
508,000
530,000
530,000
530,000
534,000
495,000
919,000
919,000
919,000
919,000
921,000
16,971,000
16,982,000
39,000
17,045,000
17,088,000
17,117,000
525,000
39,000
37,000
35,000
0
035,00037,00039,000525,00017,117,00017,088,00017,045,00039,00016,982,00016,971,000921,000919,000919,000919,000919,000495,000534,000530,000530,000530,000508,000479,000479,000473,000539,62800
   Retained Earnings Total Equity0000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
26,562,019
6,133,967
-1,007,023
822,413
-687,630
-537,769
1,391,423
29,388,000
27,935,000
7,657,000
14,168,000
21,417,000
25,499,000
32,558,000
25,481,000
9,775,000
4,044,000
5,905,000
1,851,000
656,000
811,000
2,334,000
1,070,000
-985,000
-2,763,000
0
0-2,763,000-985,0001,070,0002,334,000811,000656,0001,851,0005,905,0004,044,0009,775,00025,481,00032,558,00025,499,00021,417,00014,168,0007,657,00027,935,00029,388,0001,391,423-537,769-687,630822,413-1,007,0236,133,96726,562,01900
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
16,054,000
16,950,000
17,006,000
17,049,000
17,078,000
0
0
0
0
0
0000017,078,00017,049,00017,006,00016,950,00016,054,000000000000000000000
   Treasury Stock00000-10,000-11,000-15,000-8,000-18,000-46,000-32,000-410,000-665,000-715,000-737,000-866,000-3,740,000-1,436,000-868,00000000000
   Other Stockholders Equity 
20,694,343
28,913,786
28,035,810
9,850,974
3,003,088
0
0
0
1,689
8,132,816
8,717,738
9,182,000
16,034,000
16,034,000
16,034,000
-10,426,000
16,038,000
-7,678,000
-10,770,000
16,942,000
-15,000
-11,000
-10,000
16,542,000
15,493,000
15,911,000
18,060,000
0
018,060,00015,911,00015,493,00016,542,000-10,000-11,000-15,00016,942,000-10,770,000-7,678,00016,038,000-10,426,00016,034,00016,034,00016,034,0009,182,0008,717,7388,132,8161,6890003,003,0889,850,97428,035,81028,913,78620,694,343



6.3. Balance Sheets

Currency in EUR. All numbers in thousands.




6.4. Cash Flows

Currency in EUR. All numbers in thousands.




6.5. Income Statements

Currency in EUR. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2024-12-31. Currency in EUR. All numbers in thousands.

Gross Profit (+$)
totalRevenue22,616,000
Cost of Revenue-0
Gross Profit022,616,000
 
Operating Income (+$)
Gross Profit0
Operating Expense-0
Operating Income00
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense00
 
Net Interest Income (+$)
Interest Income15,023,000
Interest Expense-0
Other Finance Cost-0
Net Interest Income15,023,000
 
Pretax Income (+$)
Operating Income0
Net Interest Income15,023,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)9,300,0000
EBIT - interestExpense = 0
6,392,000
6,392,000
Interest Expense0
Earnings Before Interest and Taxes (EBIT)09,300,000
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax9,300,000
Tax Provision-2,650,000
Net Income From Continuing Ops6,650,0006,650,000
Net Income6,392,000
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0-15,023,000
 

Technical Analysis of Ing
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Ing. The general trend of Ing is BULLISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Ing's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (57.1%) Bearish trend (-57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Ing Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

SupportΒ is a price level at which demand for an asset is strong enough to prevent the price from falling further.
ResistanceΒ is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of ING Groep NV.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 17.96 < 18.94 < 19.04.

The bearish price targets are: 15.08 > 15.08 > 14.43.

Know someone who trades $INGA? Share this with them.πŸ‘‡

ING Groep NV Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows theΒ moving averageΒ of the selected period.

  • Moving averages are laggingΒ trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of ING Groep NV. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

ING Groep NV Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows theΒ momentumΒ of theΒ selected period based on two moving averages.

  • MACD is aΒ lagging momentumΒ indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of ING Groep NV. The current macd is -0.22491342.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Ing price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Ing. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Ing price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
ING Groep NV Daily Moving Average Convergence/Divergence (MACD) ChartING Groep NV Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of ING Groep NV. The current adx is 25.56.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Ing shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
ING Groep NV Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • ShowsΒ the current trend.
  • ShowsΒ potential entry signals.
  • ShowsΒ Β potential exit signals.
  • Can be used to placeΒ trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of ING Groep NV. The current sar is 14.81.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
ING Groep NV Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentumΒ indicator, meaning the signals are instant.
  • RangesΒ between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of ING Groep NV. The current rsi is 49.57. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
ING Groep NV Daily Relative Strength Index (RSI) ChartING Groep NV Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

ComparesΒ a certain price to multiple prices ranging over time.

  • LeadingΒ momentumΒ indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • RangesΒ between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of ING Groep NV. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Ing price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
ING Groep NV Daily Stochastic Oscillator ChartING Groep NV Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,Β the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of ING Groep NV. The current cci is 4.17718101.

ING Groep NV Daily Commodity Channel Index (CCI) ChartING Groep NV Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of ING Groep NV. The current cmo is 3.69415491.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
ING Groep NV Daily Chande Momentum Oscillator (CMO) ChartING Groep NV Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Β Shows the current price relative to the highest high over the last 14 days.
Β 

  • Lagging momentum indicator
  • Ranging between 0 andΒ -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of ING Groep NV. The current willr is -21.50274893.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Ing is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
ING Groep NV Daily Williams %R ChartING Groep NV Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversoldΒ 

Score

Let's take a look at the Bollinger Bands of ING Groep NV.

ING Groep NV Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of ING Groep NV. The current atr is 0.5832359.

ING Groep NV Daily Average True Range (ATR) ChartING Groep NV Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Β Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of ING Groep NV. The current obv is 588,944,548.

ING Groep NV Daily On-Balance Volume (OBV) ChartING Groep NV Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of ING Groep NV. The current mfi is 52.83.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
ING Groep NV Daily Money Flow Index (MFI) ChartING Groep NV Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for ING Groep NV.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-12-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-12-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-12-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-12-09BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-12-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-12-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-12-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-12-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-12-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-12-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-12-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-12-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-12-31WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-01-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2025-01-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-01-07STOCH LONG EXITThe %K line crosses below the %D line.
2025-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-01-10STOCH LONG EXITThe %K line crosses below the %D line.
2025-01-13STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-01-14STOCH LONG EXITThe %K line crosses below the %D line.
2025-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
2025-01-17STOCH LONG EXITThe %K line crosses below the %D line.
2025-01-20STOCH SHORT EXITThe %K line crosses above the %D line.
2025-01-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2025-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-01-24SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-01-27STOCH LONG EXITThe %K line crosses below the %D line.
2025-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2025-01-31STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-02-10STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-02-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-02-13STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-02-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-18STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-19RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-02-24STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-25STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-02-26BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-28MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-03-03STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-04RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-06ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-11RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2025-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-03-18WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-03-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-03-27STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-31DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-04-01STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-03STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-04ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-07STOCH SHORT EXITThe %K line crosses above the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-08RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2025-04-09STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-04-10RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-17SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-04-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-24DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

ING Groep NV Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of ING Groep NV based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.573
Ma 20Greater thanMa 5016.757
Ma 50Greater thanMa 10017.313
Ma 100Greater thanMa 20016.328
OpenGreater thanClose16.750
Total2/5 (40.0%)
Penke
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