INTERNATIONAL PAPER CO (IP) Stock Technical Analysis
USA - NYSE:IP - US4601461035 - Common Stock
47.11 USD
+0.17 (+0.36%)
47.11 USD
0 (0%)
We assign a technical rating of 1 out of 10 to IP. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
71% of all other stocks performed better in the past year than IP.
IP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
IP has an average volume of 4380610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IP is an average performer in the Containers & Packaging industry, it outperforms 61% of 22 stocks in the same industry.
In the last month IP has a been trading in the 45.22 - 49.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IP has a bad 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 49.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 45.83, a Stop Loss order could be placed below this zone.
More info and screens
43.44
57.85
We found 2 important support areas.
- Support @45.83 from a horizontal line in the daily time frame.
- A support zone ranging from 43.88 to 44.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 49.10 to 49.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 54.32 to 54.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @57.28 from a horizontal line in the daily 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 | 29.58 | NEGATIVE | IP has a low relative strength, it was outperformed by 70.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IP is below the rising 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) | 46.43 | NEUTRAL | The RSI value for IP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests IP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.22 | NEUTRAL | The Stochastics value for IP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for IP suggests some volalility. |
| Average Directional Index/ADX (14) | 18.15 | NEGATIVE | The low ADX value for IP suggests a weak or negative 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)
47.11
+0.17 (+0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg0.36%
1 Week1.25%
2 Weeks-2.48%
1 Month0.21%
3 Month2.79%
6 Month-8.33%
12 Month-3.28%
2 Year32.82%
3 Year48.61%
5 Year16.21%
10 Year24.66%
15 Year116.6%
Volatility
ATR(14)1.18
ATR(20)%2.41%
ATR Inc7.15%
Range Today0.88
ADR(20)1.1
ADR(20)%2.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.58
Mansfield-1.75
10 Day High48.97
10 Day Low45.22
20 Day High49.73
20 Day Low45.22
52 Week High60.36
52 Week Low43.27
CS1 End45.83
CR1 Start49.1
Volume & EV
DER(3)0.04%
DER(5)0.13%
Volume3.37M
Volume Incr7.36%
Vol(5)3.93M
Vol(50)4.38M