In its latest trading session, International Paper Company (IP) spiked up by 0.5% – here is what that looked like (as of 2019-10-29):
What’s the reason for these moves? To grasp this action better, We ought to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.023, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.655, an Accumulation/Distribution Index (ADI) of 0.655, an On-Balance Volume (OBV) of 132.145, and a Chaiikin Money Flow (CMF) of -43.0. 1.648
Now let’s plug these indicators in. According to Trading View, we can conclude the following:
That is what an analysis of technical indicators seems to indicate for International Paper Company (IP). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.
2335 Holt Street, SAINT CROIX IN 47576