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Downtrend Broken Resist.Archive
- 1/10/2025 -
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International Paper (IP) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a first positive week for the International Paper (IP). During the week, the IP gained 1.24 points, or 2.35%, and closed at 54.09 on Friday, January 10, 2025. It was the best weekly gain since November 22, 2024. Weekly volume was -14% below average.
IP is a member of Materials Sector. Materials is the most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See IP long-term trend chart]
A long-term uptrend had started on March 23, 2020 at 26.38 and reached 65.27 on June 4, 2021. IP gained -38.89 points, or -147.42%, in 62 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (31.78) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See IP medium-term trend chart]
A medium-term uptrend had started on June 1, 2023 at 29.01 and reached 60.36 on November 25, 2024. IP gained -31.35 points, or -108.07%, in 77 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (37.97) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See IP weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since December 27, 2024. Use the following link to access a MACD help.
 Short-term trend: [See IP short-term trend chart]
A short-term uptrend had started on January 3, 2025 at 52.68 and reached 54.90 on January 10, 2025. IP gained -2.22 points, or -4.21%, in 7 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See IP daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since November 25, 2024. The distance between MACD and the signal line is low and getting smaller.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
The distance between the Bollinger Bands is falling, and it was 5.84% on Friday. It is 55.80% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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