INTERNATIONAL PAPER CO (IP)
US4601461035 - Common Stock
We assign a technical rating of 5 out of 10 to IP. In the last year, IP was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
In the last month IP has a been trading in the 31.77 - 34.97 range, which is quite wide. It is currently trading near the high of this range.
IP has an average volume of 3014480 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 42% of them, which is more or less in line with the market.
IP is an average performer in the Containers & Packaging industry, it outperforms 54% of 23 stocks in the same industry.
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.
IP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 35.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.10, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IP in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
31.81
37.00
2 important support areas can be observed.
- A support zone ranging from 33.39 to 34.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.13 to 32.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 35.19 to 36.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.93
Mansfield-0.85
10 Day High34.65
10 Day Low31.77
20 Day High34.97
20 Day Low31.77
52 Week High41.89
52 Week Low29.01
Performance
1 Week5.16%
2 Weeks5.64%
1 Month2.61%
3 Month-2.64%
6 Month12.77%
12 Month-7.65%
2 Year-24.74%
3 Year-30.76%
5 Year-25.83%
10 Year-26.56%
15 Year175.18%
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)0.11
RSI(14)55.72
LBB32.15
UBB34.46
INTERNATIONAL PAPER CO
NYSE:IP (11/28/2023, 7:10:29 PM)
After market: 34.3 +0.04 (+0.12%)34.26
+0.14 (+0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg0.41%
1 Week5.16%
2 Weeks5.64%
1 Month2.61%
3 Month-2.64%
6 Month12.77%
12 Month-7.65%
2 Year-24.74%
3 Year-30.76%
5 Year-25.83%
10 Year-26.56%
15 Year175.18%
Volatility
ATR(14)0.88
ATR(20)%2.36%
ATR Inc83.08%
Range Today0.63
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.93
Mansfield-0.85
10 Day High34.65
10 Day Low31.77
20 Day High34.97
20 Day Low31.77
52 Week High41.89
52 Week Low29.01
CS1 End34.1
CR1 Start35.19
Volume & EV
DER(3)5.61%
DER(5)3.94%
Volume3.43M
Volume Incr10.22%
Vol(5)3.47M
Vol(50)3.01M