US4601461035 - Common Stock
34.26 +0.14 (+0.41%)
After market: 34.3 +0.04 (+0.12%)
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.
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.
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
INTERNATIONAL PAPER CO
NYSE:IP (11/28/2023, 7:10:29 PM)After market: 34.3 +0.04 (+0.12%)