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Shares of IP Up 25.7% Since Uptrend Call on Shares

Oct 16, 2020 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified an Uptrend for Intl Paper Co (NYSE:IP) on July 16th, 2020 at $36.89. In approximately 3 months, Intl Paper Co has returned 25.74% as of today's recent price of $46.39.

Intl Paper Co share prices have moved between a 52-week high of $47.64 and a 52-week low of $26.38 and are now trading 76% above that low price at $46.38 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 2.0%.

International Paper Company produces and distributes paper products. The Company offers uncoated printing and writing papers, pulp, and fiber-based packaging products. International Paper serves customers globally.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Intl Paper Co shares.Log in and add Intl Paper Co (IP) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to SmarTrend at cs@mysmartrend.com

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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com

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