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TMCNet:  Shares of ING Up 41.9% Since Uptrend Call on Shares

[December 06, 2012]

Shares of ING Up 41.9% Since Uptrend Call on Shares

Dec 06, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for ING Groep (NYSE:ING) on June 29th, 2012 at $6.59. In approximately 5 months, ING Groep has returned 41.88% as of today's recent price of $9.35.

In the past 52 weeks, ING Groep share prices have been bracketed by a low of $5.51 and a high of $9.86 and are now at $9.29, 69% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.2% while the 200-day MA has remained constant.

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.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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