INTERNATIONAL PAPER CO (IP)

US4601461035 - Common Stock

58.79  +1.23 (+2.14%)

Technical Rating and Analysis

10

Overall IP gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IP is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that IP is one of the better performing stocks in the market, outperforming 91% of all 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 24 other stocks in this industry. IP outperforms 95% of them.
A new 52 week high is currently being made by IP, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month IP has a been trading in the 45.73 - 57.80 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
IP has an average volume of 4500530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
IP Weekly chart
IP Daily chart
Setup Rating and Analysis

2

Although IP has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

32.60

59.38

4 important support areas can be observed.

  • A support zone ranging from 57.55 to 57.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 47.06 to 49.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @35.89 from a trend line in the weekly time frame.
  • Support @32.93 from a horizontal line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.95
Mansfield2.57
10 Day High57.8
10 Day Low47.25
20 Day High57.8
20 Day Low45.73
52 Week High57.8
52 Week Low31.77
Performance
1 Week21.72%
2 Weeks21.1%
1 Month21.59%
3 Month29.79%
6 Month49.2%
12 Month73.95%
2 Year55.06%
3 Year26.45%
5 Year24.21%
10 Year6.95%
15 Year126.17%
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)1.1
RSI(14)79.09
LBB42.48
UBB58.17
IP Daily chart

INTERNATIONAL PAPER CO

NYSE:IP (11/6/2024, 3:10:03 PM)

58.79

+1.23 (+2.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg2.14%
1 Week21.72%
2 Weeks21.1%
1 Month21.59%
3 Month29.79%
6 Month49.2%
12 Month73.95%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.59
ATR(20)%2.32%
ATR Inc
Range Today1.42
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 High57.8
10 Day Low47.25
20 Day High57.8
20 Day Low45.73
52 Week High57.8
52 Week Low31.77
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.62M
Volume Incr128.17%
Vol(5)9.91M
Vol(50)4.50M