INTERNATIONAL PAPER CO (IP) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:IP - US4601461035 - Common Stock
Overall IP gets a technical rating of 0 out of 10. IP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of IP is bad and it also does not present a 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
35.23
2 important support areas can be observed.
- A support zone ranging from 37.30 to 37.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.59 from a horizontal line in the daily time frame.
We can see 6 important resistance areas.
- A resistance zone ranging from 38.51 to 38.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @45.83 from a horizontal line in the daily time frame.
- A resistance zone ranging from 46.77 to 46.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 @52.80 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 | DOWN | NEGATIVE | The short term trend for IP is down. |
| ChartMill Relative Strength | 11.8 | NEGATIVE | IP has a low relative strength, it was outperformed by 88.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IP is below 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) | 38.88 | NEUTRAL | The RSI value for IP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests IP has a positive trend. |
| Stochastics (14,3) | 25.88 | NEUTRAL | The Stochastics value for IP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.17 | MEDIUM VOLATILITY | The ATR as a percentage value for IP suggests some volalility. |
| Average Directional Index/ADX (14) | 35.81 | POSITIVE | The high ADX value value for IP suggests a strong trend. |
37.67
+2.07 (+5.81%)
INTERNATIONAL PAPER CO / IP FAQ
Can you provide the ChartMill technical rating for INTERNATIONAL PAPER CO?
ChartMill assigns a technical rating of 0 / 10 to IP.
Can you provide the trend direction for INTERNATIONAL PAPER CO?
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 38.8789. This indicates that the stock is currently neutral.
What is the short term momentum for IP stock?
The short term momentum for INTERNATIONAL PAPER CO (IP) is negative.
What is the buy/sell signal for INTERNATIONAL PAPER CO (IP) stock?
The buy/sell signal for INTERNATIONAL PAPER CO (IP) is sell as both the short term and long term trends are negative.