INTERNATIONAL PAPER CO (IP) Stock Technical Analysis
USA - NYSE:IP - US4601461035 - Common Stock
38.1 USD
+1.56 (+4.27%)
38.1 USD
0 (0%)
Taking everything into account, IP scores 0 out of 10 in our technical rating. 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.
90% of all other stocks performed better in the past year than IP.
IP is part of the Containers & Packaging industry. There are 22 other stocks in this industry, of which 95% are performing better than IP.
IP is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so IP is lagging the market.
In the last month IP has a been trading in the 35.79 - 49.69 range, which is quite wide. It is currently trading near the lows of this range.
IP has an average volume of 4633040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Volume is considerably higher in the last couple of days.
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
37.71
53.67
We found 1 important support area.
- Support @38.09 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 45.09 to 45.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 47.95 to 48.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @49.68 from a horizontal line in the daily time frame.
- Resistance @53.14 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 | NEUTRAL | NEUTRAL | The long term trend for IP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IP is down. |
| ChartMill Relative Strength | 10.56 | NEGATIVE | IP has a low relative strength, it was outperformed by 89.44% 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) | 29.64 | OVERSOLD | The low RSI value suggests IP may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.96 | NEGATIVE | The MACD value suggests IP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.45 | OVERSOLD | The low Stochastics value suggests IP may be oversold. |
| Average True Range in percent/ATR (20) | 4.32 | MEDIUM VOLATILITY | The ATR as a percentage value for IP suggests some volalility. |
| Average Directional Index/ADX (14) | 32.79 | POSITIVE | The high ADX value value for IP suggests a strong trend. |
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)
38.1
+1.56 (+4.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg4.27%
1 Week-1.4%
2 Weeks-22.04%
1 Month-16.61%
3 Month-19.87%
6 Month-13.94%
12 Month-33.6%
2 Year3.14%
3 Year2.64%
5 Year-23%
10 Year-8.92%
15 Year52.58%
Volatility
ATR(14)1.82
ATR(20)%4.32%
ATR Inc-27.72%
Range Today1.81
ADR(20)1.54
ADR(20)%4.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.56
3 months CRS10.57
6 months CRS15.13
Mansfield-3.19
10 Day High49
10 Day Low35.79
20 Day High49.69
20 Day Low35.79
52 Week High60.36
52 Week Low35.79
CS1 End38.09
CR1 Start45.09
Volume & EV
DER(3)1.47%
DER(5)1.61%
Volume6.33M
Volume Incr29.34%
Vol(5)6.79M
Vol(50)4.63M
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 29.6355. This indicates that the stock is currently oversold.
What is the short term momentum for IP stock?
The short term momentum for INTERNATIONAL PAPER CO (IP) is negative.