INTERNATIONAL PAPER CO (IP) Stock Technical Analysis
NYSE:IP - US4601461035 - Common Stock
49.39 USD
+0.5 (+1.02%)
49.1 USD
-0.29 (-0.59%)
Taking everything into account, IP scores 3 out of 10 in our technical rating. IP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
IP has an average volume of 4361510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, IP outperforms 45% of them, which is more or less in line with the market.
IP is part of the Containers & Packaging industry. There are 22 other stocks in this industry, IP did better than 61% of them.
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.
In the last month IP has a been trading in the 44.92 - 56.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IP has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
43.44
57.85
We found 4 important support areas.
- A support zone ranging from 47.36 to 48.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @46.57 from a trend line in the daily time frame.
- Support @45.83 from a horizontal line in the daily time frame.
- 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 54.83 to 55.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @57.28 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 | 45.19 | NEUTRAL | IP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of IP is above a declining 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) | DOWN | NEGATIVE | The current price of IP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.46 | NEUTRAL | The RSI value for IP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests IP has a positive trend. |
| Stochastics (14,3) | 86.75 | OVERBOUGHT | The high Stochastics value suggests IP may be overbought. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for IP suggests some volalility. |
| Average Directional Index/ADX (14) | 23.33 | NEUTRAL | The ADX value for IP suggests a possible start of a new 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)
49.39
+0.5 (+1.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg1.02%
1 Week5.4%
2 Weeks4.73%
1 Month-11.01%
3 Month3.3%
6 Month-12.35%
12 Month2%
2 Year41.44%
3 Year18.67%
5 Year36.17%
10 Year14.49%
15 Year141.4%
Volatility
ATR(14)1.16
ATR(20)%3.09%
ATR Inc6.55%
Range Today0.88
ADR(20)1.39
ADR(20)%2.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.19
Mansfield-1.17
10 Day High49.54
10 Day Low46.44
20 Day High56.13
20 Day Low44.92
52 Week High60.36
52 Week Low43.27
CS1 End48.07
CR1 Start54.83
Volume & EV
DER(3)-2.18%
DER(5)0.22%
Volume3.94M
Volume Incr-26.7%
Vol(5)3.89M
Vol(50)4.36M