INTERNATIONAL PAPER CO (IP)
US4601461035 - Common Stock
We assign a technical rating of 10 out of 10 to IP. Both in the recent history as in the last year, IP has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, IP did better than 92% of all other stocks. On top of that, IP also shows a nice and consistent pattern of rising prices.
IP is part of the Containers & Packaging industry. There are 23 other stocks in this industry. IP outperforms 95% of them.
IP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
IP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
IP has an average volume of 6844570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, IP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 45.47. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 44.88, a Stop Loss order could be placed below this zone.
More info and screens
32.09
46.02
3 important support areas can be observed.
- A support zone ranging from 44.17 to 44.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.80 to 34.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.41 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 45.47 to 45.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.38
Mansfield0.86
10 Day High46.34
10 Day Low43.75
20 Day High46.34
20 Day Low40.39
52 Week High46.34
52 Week Low30.23
Performance
1 Week-0.71%
2 Weeks-0.44%
1 Month10.78%
3 Month23.49%
6 Month19.93%
12 Month40.37%
2 Year7.32%
3 Year-26.78%
5 Year3.62%
10 Year-11.06%
15 Year196.7%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.2
RSI(14)63.74
LBB44.08
UBB45.64
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 45.57 | 44.16 | 1.41 (3.09%) | 25.00% |
| An entry @45.57. This is a Buy Stop order right above the resistance zone. | An exit @44.16. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.41 points, which is 3.09%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.77%. |
- The distance between exit and entry is rather small compared to the average daily movement of IP. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
INTERNATIONAL PAPER CO
NYSE:IP (6/17/2024, 8:35:09 AM)
44.96
+0.07 (+0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg0.16%
1 Week-0.71%
2 Weeks-0.44%
1 Month10.78%
3 Month23.49%
6 Month19.93%
12 Month40.37%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.13
ATR(20)%2.77%
ATR Inc
Range Today0.12
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High46.34
10 Day Low43.75
20 Day High46.34
20 Day Low40.39
52 Week High46.34
52 Week Low30.23
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume51.25K
Volume Incr-22.48%
Vol(5)4.70M
Vol(50)6.84M