INTERNATIONAL PAPER CO (IP) Technical Analysis
NYSE:IP • US4601461035
Current stock price
IP Technical Rating and Analysis
We assign a technical rating of 0 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, IP is a bad performer in the overall market: 87% of all stocks are doing better.
- IP is one of the lesser performing stocks in the Containers & Packaging industry. 85% of 21 stocks in the same industry do better.
- 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 6489230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month IP has a been trading in the 33.88 - 38.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IP Weekly and Daily overview Charts
IP Setup Rating and Analysis
IP has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
IP Support and Resistance Analysis
33.41
When analyzing the support we notice one important area.
- A support zone ranging from 33.75 to 33.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 36.03 to 37.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 46.83 to 46.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 48.64 to 49.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
IP Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for IP is neutral. |
| ChartMill Relative Strength | 13.23 | NEGATIVE | IP has a low relative strength, it was outperformed by 86.77% 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) | 41.48 | NEUTRAL | The RSI value for IP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests IP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.36 | NEUTRAL | The Stochastics value for IP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.37 | MEDIUM VOLATILITY | The ATR as a percentage value for IP suggests some volalility. |
| Average Directional Index/ADX (14) | 22.25 | NEUTRAL | The ADX value for IP suggests a possible start of a new trend. |
IP Chart- and CandleStick Pattern Analysis
IP Technicals: Chart, Performance Metrics, Trend & Indicators
35.44
-1.45 (-3.93%)
INTERNATIONAL PAPER CO / IP TA FAQ
Can you provide the ChartMill technical rating for INTERNATIONAL PAPER CO?
ChartMill assigns a technical rating of 0 / 10 to IP.
What is the trend direction for IP stock?
The current trend direction for INTERNATIONAL PAPER CO (IP) is Bearish.
What is the RSI signal for IP stock?
INTERNATIONAL PAPER CO (IP) has an RSI value of 41.4807. This indicates that the stock is currently neutral.
What is the MACD signal for IP stock?
The MACD indicator for INTERNATIONAL PAPER CO (IP) has a value of 0.283288, indicating a bearish trend.
What is the short term momentum for IP stock?
The short term momentum for INTERNATIONAL PAPER CO (IP) is neutral.