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ING Groep Shares Up 35.1% Since SmarTrend's Buy Recommendation (ING)

By Amy Schwartz

SmarTrend identified an Uptrend for ING Groep (NYSE:ING) on August 3rd, 2016 at $11.41. In approximately 8 months, ING Groep has returned 35.14% as of today's recent price of $15.42.

ING Groep share prices have moved between a 52-week high of $17.44 and a 52-week low of $9.26 and are now trading 67% above that low price at $15.42 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has advanced 0.3%.

ING Groep N.V. offers financial services to individuals, corporations, and other institutions. The Company offers corporate, investment, and private banking services, asset and portfolio management, treasury services, and insurance. ING Groep has offices throughout the world.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of ING Groep shares.

Log in and add ING Groep (ING) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights ING Groep

Ticker(s): ING