INTERNATIONAL PAPER CO (IP) Stock Technical Analysis
NYSE:IP - New York Stock Exchange, Inc. - US4601461035 - Common Stock - Currency: USD
Overall IP gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, IP did better than 91% of all other stocks. On top of that, IP also shows a nice and consistent pattern of rising prices.
IP is one of the better performing stocks in the Containers & Packaging industry, it outperforms 91% of 24 stocks in the same industry.
IP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IP is performing more or less in line with the market.
In the last month IP has a been trading in the 52.23 - 58.11 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
IP has an average volume of 9308470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, IP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 56.11, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
46.85
60.70
4 important support areas can be observed.
- A support zone ranging from 55.45 to 56.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 52.84 to 53.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 51.80 to 51.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @47.32 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @56.62 from a trend line in the weekly time frame.
- Resistance @58.83 from a horizontal line in the daily time frame.
- A resistance zone ranging from 60.10 to 60.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.79
Mansfield1.13
10 Day High57.55
10 Day Low54.22
20 Day High58.11
20 Day Low52.24
52 Week High60.36
52 Week Low33.16
Performance
1 Week1.42%
2 Weeks1.64%
1 Month-1.23%
3 Month-4.22%
6 Month16.38%
12 Month60.77%
2 Year54.85%
3 Year29.45%
5 Year52.46%
10 Year-0.11%
15 Year143.2%
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)0.02
RSI(14)52.41
LBB54.34
UBB57.32
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 56.63 | 55.44 | 1.19 (2.10%) | 25.00% |
| An entry @56.63. This is a Buy Stop order right above the resistance zone. | An exit @55.44. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.19 points, which is 2.10%. | For a 0.53% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
56.35
+0.1 (+0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg0.18%
1 Week1.42%
2 Weeks1.64%
1 Month-1.23%
3 Month-4.22%
6 Month16.38%
12 Month60.77%
2 Year54.85%
3 Year29.45%
5 Year52.46%
10 Year-0.11%
15 Year143.2%
Volatility
ATR(14)1.35
ATR(20)%2.75%
ATR Inc-25.26%
Range Today1.34
ADR(20)1.46
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.79
Mansfield1.13
10 Day High57.55
10 Day Low54.22
20 Day High58.11
20 Day Low52.24
52 Week High60.36
52 Week Low33.16
CS1 End56.11
CR1 Start56.62
Volume & EV
DER(3)0.62%
DER(5)0.68%
Volume12.13M
Volume Incr-55.85%
Vol(5)7.48M
Vol(50)9.31M