RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of IP
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International Paper Company stock downgraded from Buy Candidate to Sell Candidate after Thursday trading session.
(Updated on Mar 28, 2024)

Sell candidate since Mar 28, 2024 PDF

The International Paper Company stock price fell by -0.94% on the last day (Thursday, 28th Mar 2024) from $39.39 to $39.02. During the last trading day the stock fluctuated 2.28% from a day low at $38.60 to a day high of $39.48. The price has risen in 6 of the last 10 days and is up by 7.82% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -3 million shares and in total, 8 million shares were bought and sold for approximately $299.53 million.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.39% during the next 3 months and, with a 90% probability hold a price between $34.35 and $41.87 at the end of this 3-month period.

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IP Signals & Forecast

The International Paper Company stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $39.44. On a fall, the stock will find some support from the long-term average at approximately $36.27. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, March 25, 2024, and so far it has fallen -4.48%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for International Paper Company stock

International Paper Company finds support from accumulated volume at $38.77 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.88 between high and low, or 2.28%. For the last week, the stock has had daily average volatility of 4.61%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (IP) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect International Paper Company to open at $39.03, and during the day (based on 14 day Average True Range), to move between $37.72 and $40.32, which gives a possible trading interval of +/-$1.30 (+/-3.34%) up or down from last closing price. If International Paper Company takes out the full calculated possible swing range there will be an estimated 6.68% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $39.23 (0.54%) than the support at $38.77 (0.64%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is International Paper Company stock A Buy?

International Paper Company holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.

Current score: -1.400 Sell Candidate Downgraded

Predicted Opening Price for International Paper Company of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$39.03 ( 0.0342%) $39.02

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for IP

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 39.91 2.29 %
R2 39.58 1.43 %
R1 39.37 0.90 %
Current price: 39.02
Support S1 38.70 -0.83 %
S2 38.49 -1.36 %
S3 38.15 -2.22 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 40.85 4.69 %
R2 39.39 0.95 %
R1 39.23 0.538 %
Current price 39.02
Support S1 38.77 -0.641%
S2 38.20 -2.10%
S3 36.35 -6.84%

IP Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 09, 2024 Feb 21, 2024 Mar 15, 2024 $0.463 1.27%
2 Oct 10, 2023 Nov 14, 2023 Dec 15, 2023 $0.460 1.23%
3 Jul 11, 2023 Aug 14, 2023 Sep 15, 2023 $0.463 1.35%
4 May 09, 2023 May 25, 2023 Jun 15, 2023 $0.463 1.46%
5 Jan 10, 2023 Feb 16, 2023 Mar 15, 2023 $0.463 1.34%

FAQ

What is the symbol for International Paper Company Stock and on which exchange is it traded?
The symbol for International Paper Company is IP and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell International Paper Company Stock?
International Paper Company holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.

How to buy International Paper Company Stock?
International Paper Company Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy International Paper Company Stock.

What's the current price of International Paper Company Stock?
As of the end of day on the 2024-03-28, the price of an International Paper Company (IP) share was $39.02.

What is the 52-week high and low for International Paper Company Stock?
The 52-week high for International Paper Company Stock is $41.28 and the 52-week low is $29.01.

What is the market capitalization of International Paper Company Stock?
As of the 2024-03-28, the market capitalization of International Paper Company is 13.515B.

When is the next earnings date for International Paper Company?
The upcoming earnings date for International Paper Company is Apr 25, 2024.
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About International Paper Company

International Paper Company International Paper Company operates as a packaging company primarily in United States, the Middle East, Europe, Africa, Pacific Rim, Asia, and rest of the Americas. It operates through two segments: Industrial Packaging and Global Cellulose Fibers. The Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. The Global Cellulose Fibers segment p... IP Profile

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