INTERNATIONAL PAPER CO (IP) Stock Technical Analysis
NYSE:IP - New York Stock Exchange, Inc. - US4601461035 - Common Stock - Currency: USD
Overall IP gets a technical rating of 4 out of 10. In the past year, IP was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
IP is part of the Containers & Packaging industry. There are 22 other stocks in this industry, of which 61% are performing better than IP.
In the last month IP has a been trading in the 44.75 - 49.79 range, which is quite wide. It is currently trading near the high of this range.
IP has an average volume of 4219110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, IP turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
IP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IP is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
IP has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
43.44
59.42
2 important support areas can be observed.
- A support zone ranging from 45.82 to 47.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 43.88 to 44.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 49.46 to 50.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @58.83 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for IP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IP is neutral. |
| ChartMill Relative Strength | 51.11 | NEUTRAL | IP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.82 | NEUTRAL | The RSI value for IP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests IP has a positive trend. |
| Stochastics (14,3) | 74.49 | NEUTRAL | The Stochastics value for IP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for IP suggests some volalility. |
| Average Directional Index/ADX (14) | 13.04 | NEGATIVE | The low ADX value for IP suggests a weak or negative trend. |
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)
49.45
+2.62 (+5.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg5.59%
1 Week6.14%
2 Weeks6.16%
1 Month4.77%
3 Month3.06%
6 Month-6.43%
12 Month15.48%
2 Year37.13%
3 Year15.62%
5 Year42.14%
10 Year3.3%
15 Year104.34%
Volatility
ATR(14)1.15
ATR(20)%2.22%
ATR Inc83.63%
Range Today2.7
ADR(20)1.01
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.11
Mansfield-0.9
10 Day High49.79
10 Day Low44.75
20 Day High49.79
20 Day Low44.75
52 Week High60.36
52 Week Low42.26
CS1 End47.02
CR1 Start50.15
Volume & EV
DER(3)-3.11%
DER(5)-1.45%
Volume4.78M
Volume Incr0.45%
Vol(5)3.80M
Vol(50)4.22M