INTERNATIONAL PAPER CO (IP) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:IP - US4601461035 - Common Stock
Taking everything into account, IP scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. IP was also a bad performer in the overall market in the last year.
The technical rating of IP is bad and it also does not present a 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.
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36.97
When analyzing the support we can see 3 important areas.
- Support @43.11 from a trend line in the weekly time frame.
- A support zone ranging from 39.70 to 41.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.34 to 37.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 43.35 to 43.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @45.83 from a horizontal line in the daily time frame.
- Resistance @48.64 from a horizontal line in the daily time frame.
- Resistance @49.68 from a horizontal line in the daily time frame.
- Resistance @51.61 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for IP is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IP is up. |
| ChartMill Relative Strength | 17.72 | NEGATIVE | IP has a low relative strength, it was outperformed by 82.28% off all stocks 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) | DOWN | MIXED | The current price of IP is above a declining 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) | 68.39 | NEUTRAL | The RSI value for IP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests IP has a positive trend. |
| Stochastics (14,3) | 77.77 | NEUTRAL | The Stochastics value for IP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for IP suggests some volalility. |
| Average Directional Index/ADX (14) | 17.78 | NEGATIVE | The low ADX value for IP suggests a weak or negative trend. |
43.34
+1.26 (+2.99%)
INTERNATIONAL PAPER CO / IP FAQ
Can you provide the ChartMill technical rating for INTERNATIONAL PAPER CO?
ChartMill assigns a technical rating of 2 / 10 to IP.
What is the trend direction for IP stock?
The current trend direction for INTERNATIONAL PAPER CO (IP) is Bearish.
Can you provide the RSI signal for INTERNATIONAL PAPER CO?
INTERNATIONAL PAPER CO (IP) has an RSI value of 68.3933. This indicates that the stock is currently neutral.
What is the short term momentum for INTERNATIONAL PAPER CO (IP) stock?
The short term momentum for INTERNATIONAL PAPER CO (IP) is positive.
What is the buy/sell signal for IP stock?
The buy/sell signal for INTERNATIONAL PAPER CO (IP) is hold as the short term and long term trends are mixed.