INTERNATIONAL PAPER CO (IP)
US4601461035 - Common Stock
We assign a technical rating of 7 out of 10 to IP. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
IP is part of the Containers & Packaging industry. There are 22 other stocks in this industry. IP outperforms 95% of them.
IP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IP is performing more or less in line with the market.
IP has an average volume of 6508500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, IP did better than 91% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month IP has a been trading in the 41.50 - 47.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although IP has an excellent technical rating, it does not offer a high quality setup 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
32.09
47.80
We found 6 important support areas.
- A support zone ranging from 45.52 to 45.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 44.30 to 44.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 42.54 to 43.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.78 from a trend line in the weekly time frame.
- A support zone ranging from 33.46 to 34.06. 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 can see 2 important resistance areas.
- Resistance @46.23 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 47.32 to 47.33. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.72
Mansfield1.12
10 Day High47.3
10 Day Low42.73
20 Day High47.3
20 Day Low41.5
52 Week High47.4
52 Week Low31.77
Performance
1 Week0.76%
2 Weeks7.71%
1 Month-0.84%
3 Month36.62%
6 Month23.02%
12 Month29.32%
2 Year8.07%
3 Year-19.98%
5 Year5.26%
10 Year-2.69%
15 Year145.72%
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)61.64
LBB41.89
UBB47.66
INTERNATIONAL PAPER CO
NYSE:IP (7/25/2024, 8:50:45 PM)
After market: 46.22 0 (0%)46.22
-0.06 (-0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-0.13%
1 Week0.76%
2 Weeks7.71%
1 Month-0.84%
3 Month36.62%
6 Month23.02%
12 Month29.32%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.07
ATR(20)%2.63%
ATR Inc
Range Today1.98
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 High47.3
10 Day Low42.73
20 Day High47.3
20 Day Low41.5
52 Week High47.4
52 Week Low31.77
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume12.61M
Volume Incr22.28%
Vol(5)8.79M
Vol(50)6.51M