[May 23, 2012] Shares of ING Down 27.2% Since Downtrend Call on Shares Tweet May 23, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for ING Groep (NYSE:ING) on March 30th, 2012 at $8.25. In approximately 2 months, ING Groep has returned 27.15% as of today's recent price of $6.01. ING Groep share prices have moved between a 52-week high of $12.68 and a 52-week low of $5.72 and are now trading 5% above that low price at $6.01 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.3% while the 200-day MA has slid 0.7%. 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 changes in momentum for shares of ING Groep. 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 [email protected] --------------------------------------------------------------------------------------------- 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 [ Back To TMCnet.com's Homepage ]