INTERNATIONAL PAPER CO (IP) Stock Technical Analysis
USA - NYSE:IP - US4601461035 - Common Stock
Overall IP gets a technical rating of 0 out of 10. IP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
IP has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
35.95
We found 1 important support area.
- A support zone ranging from 36.31 to 36.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 6 important resistance areas.
- Resistance @38.51 from a horizontal line 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 47.32. 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 | 10.72 | NEGATIVE | IP has a low relative strength, it was outperformed by 89.28% 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) | 27.47 | OVERSOLD | The low RSI value suggests IP may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests IP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.28 | OVERSOLD | The low Stochastics value suggests IP may be oversold. |
| Average True Range in percent/ATR (20) | 4.29 | MEDIUM VOLATILITY | The ATR as a percentage value for IP suggests some volalility. |
| Average Directional Index/ADX (14) | 35.21 | POSITIVE | The high ADX value value for IP suggests a strong trend. |
36.69
-0.66 (-1.77%)
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 27.472. 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.
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.