INTERNATIONAL PAPER CO (IP)

US4601461035 - Common Stock

44.89  -0.46 (-1.01%)

After market: 44.84 -0.05 (-0.11%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to IP. Both in the recent history as in the last year, IP has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that IP is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by IP over the past year are nicely spread over this period.
IP is one of the better performing stocks in the Containers & Packaging industry, it outperforms 90% of 23 stocks in the same industry.
IP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
IP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
IP has an average volume of 6844570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
IP Weekly chart
IP Daily chart
Setup Rating and Analysis

8

IP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 45.47. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 44.88, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

32.09

46.02

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 44.17 to 44.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 33.80 to 34.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @32.41 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 45.47 to 45.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.3
Mansfield0.86
10 Day High46.34
10 Day Low43.75
20 Day High46.34
20 Day Low40.39
52 Week High46.34
52 Week Low30.23
Performance
1 Week-0.71%
2 Weeks-0.44%
1 Month10.78%
3 Month23.49%
6 Month19.93%
12 Month40.37%
2 Year7.32%
3 Year-26.78%
5 Year3.62%
10 Year-11.06%
15 Year196.7%
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)
Technical Indicators
MACD(12,26,9)-0.2
RSI(14)63.74
LBB44.08
UBB45.64
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
45.5744.161.41 (3.09%)25.00%
An entry @45.57. This is a Buy Stop order right above the resistance zone.An exit @44.16. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.41 points, which is 3.09%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.77%.

  • The distance between exit and entry is rather small compared to the average daily movement of IP. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
IP Daily chart

INTERNATIONAL PAPER CO

NYSE:IP (6/14/2024, 7:16:17 PM)

After market: 44.84 -0.05 (-0.11%)

44.89

-0.46 (-1.01%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-1.01%
1 Week-0.71%
2 Weeks-0.44%
1 Month10.78%
3 Month23.49%
6 Month19.93%
12 Month40.37%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.13
ATR(20)%2.77%
ATR Inc
Range Today0.76
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High46.34
10 Day Low43.75
20 Day High46.34
20 Day Low40.39
52 Week High46.34
52 Week Low30.23
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.10M
Volume Incr-22.48%
Vol(5)4.70M
Vol(50)6.84M