Is it Time to Dump ING Groep NV (ING) Stock After it Has Gained 1.81% in a Week?

Overall market sentiment has been high on ING Groep NV (ING) stock lately. ING receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

ING Groep NV has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ING!

See Full ING Report

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With ING Stock Today?

ING Groep NV (ING) stock is lower by -0.07% while the S&P 500 has risen 0.01% as of 2:49 PM on Thursday, Nov 30. ING has fallen -$0.01 from the previous closing price of $14.09 on volume of 965,049 shares. Over the past year the S&P 500 is up 15.00% while ING has risen 17.24%. ING earned $2.11 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 6.67. To screen for more stocks like ING Groep NV click here.

More About ING Groep NV

ING Groep N.V. (ING) is a global financial institution. The Company provides retail and wholesale banking services to private clients, small businesses, large corporations, financial institutions, and governments. ING Groep operates worldwide. Click Here to get the full Stock Report for ING Groep NV stock.