Following these proceedings, Goldman upgraded its ING Groep N.V. ADR [ING] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in late November from “an Overweight” to “an Equal-weight”. Barclays also remained covering ING and has decreased its forecast on October 22, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating. Deutsche Bank revised its rating on October 09, 2024. It rated ING as “a Hold” which previously was an “a Buy”.
Price Performance Review of ING
On Friday, ING Groep N.V. ADR [NYSE:ING] saw its stock jump 1.39% to $20.49. Over the last five days, the stock has lost -0.73%. ING Groep N.V. ADR shares have risen nearly 32.16% since the year began. Nevertheless, the stocks have risen 19.43% over the past one year. While a 52-week high of $20.79 was reached on 03/07/25, a 52-week low of $14.92 was recorded on 01/02/25. SMA at 50 days reached $19.37, while 200 days put it at $17.46.
Levels Of Support And Resistance For ING Stock
The 24-hour chart illustrates a support level at 20.42, which if violated will result in even more drops to 20.35. On the upside, there is a resistance level at 20.56. A further resistance level may holdings at 20.64. The Relative Strength Index (RSI) on the 14-day chart is 61.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.45, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 14.57%. Stochastics %K at 78.37% indicates the stock is a holding.
