Technical Analysis for IP - International Paper Company

Grade Last Price % Change Price Change
C 40.64 0.30% 0.12
IP closed up 0.3 percent on Friday, May 17, 2024, on 52 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
180 Bullish Setup Bullish Swing Setup 0.30%
Multiple of Ten Bullish Other 0.30%
Outside Day Range Expansion 0.30%
Overbought Stochastic Strength 0.30%
Calm After Storm Range Contraction 2.34%
NR7 Range Contraction 2.34%
NR7-2 Range Contraction 2.34%

   Recent Intraday Alerts

Alert Time
Possible NR7 2 days ago
Up 1% 2 days ago
Bullish 180 Entry 2 days ago
Rose Above Previous Day's High 2 days ago
Up 2% 3 days ago

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Profile

International Paper Company Description

International Paper Company operates as a paper and packaging company in North America, Europe, Latin America, Russia, Asia, and North Africa. The company's Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. Its Printing Papers segment produces printing and writing papers, such as uncoated and coated papers used in copiers, desktop, and laser printers, and digital imaging; pulp for use in the manufacture of printing, writing, and specialty papers, as well as towel and tissue products, and filtration products; and uncoated bristols. The company's Consumer Packaging segment offers coated paperboard for various packaging and commercial printing end uses, such as food, cosmetics, pharmaceuticals, computer software, tobacco products, greeting cards, paperback book covers, lottery tickets, direct mail, and point-of-purchase advertising under the Everest, Fortress, Starcote, and Carolina brands. This segment also produces cups, lids, food containers, and plates. Its Distribution segment distributes products and services to various customer markets, including commercial printers with printing papers and graphic pre-press, printing presses, and post-press equipment; building services and away-from-home markets with facility supplies; and manufacturers with packaging supplies and equipment, as well as offers warehousing and delivery services. The company, through its joint venture with Ilim Holding S.A., operates a pulp and paper business in Russia. International Paper Company sells its paper, packaging products, and other products directly to end users and converters, as well as through agents, resellers, and paper distributors. The company was founded in 1898 and is based in Memphis, Tennessee.


Classification

Sector: Consumer Cyclical
Industry: Packaging & Containers
Keywords: S&P 500 Pharmaceutical Laser Printing Packaging Materials Digital Imaging Paperboard Tobacco Products Packaging Products Paper Lottery Computer Software Filtration Products Pulp And Paper Industry Containerboard Printer Printing And Writing Paper Tissue Products Laser Printer Coated Paper Food Containers Paper Distributors Point Of Purchase Advertising Printing Papers Purchase Advertising

Is IP a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 41.3
52 Week Low 27.8577
Average Volume 7,075,129
200-Day Moving Average 35.19
50-Day Moving Average 37.45
20-Day Moving Average 37.11
10-Day Moving Average 39.37
Average True Range 1.13
RSI (14) 67.74
ADX 33.14
+DI 36.73
-DI 14.18
Chandelier Exit (Long, 3 ATRs) 37.91
Chandelier Exit (Short, 3 ATRs) 36.55
Upper Bollinger Bands 41.99
Lower Bollinger Band 32.24
Percent B (%b) 0.86
BandWidth 26.27
MACD Line 1.04
MACD Signal Line 0.58
MACD Histogram 0.4643
Fundamentals Value
Market Cap 14.06 Billion
Num Shares 346 Million
EPS 0.86
Price-to-Earnings (P/E) Ratio 47.26
Price-to-Sales 0.65
Price-to-Book 1.46
PEG Ratio 0.39
Dividend 1.85
Dividend Yield 4.55%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 41.48
Resistance 3 (R3) 41.49 41.22 41.34
Resistance 2 (R2) 41.22 41.01 41.22 41.29
Resistance 1 (R1) 40.93 40.87 41.08 40.92 41.25
Pivot Point 40.66 40.66 40.73 40.66 40.66
Support 1 (S1) 40.37 40.45 40.52 40.36 40.03
Support 2 (S2) 40.10 40.31 40.10 39.99
Support 3 (S3) 39.81 40.10 39.94
Support 4 (S4) 39.80