To The Moon

$International Paper(IP)$

International Paper (IP) Rallies +4.49%: Paper Giant Bounces Off 52-Week Low, Faces Key Resistance at $38.65

Latest Close Data

Closed at $37.25 on 2026-03-15, up +4.49% ($1.60). The stock remains significantly depressed, trading 34.2% below its 52-week high of $56.64.

Core Market Drivers

1. The strong rebound appears to be a technical bounce from the recent test of its 52-week low ($35.45).

2. The high dividend yield of 4.97% may have attracted income-focused buyers.

3. No major company-specific news was reported, suggesting the move was driven by broader market sentiment and oversold conditions.

Technical Analysis

• Volume surged to 8.72M shares, 40% above average (Volume Ratio: 1.40), confirming the bullish day's conviction.

• The RSI(12) at 31.8 has risen from deeply oversold levels but remains below 50, indicating the uptrend is nascent.

• The MACD histogram remains negative but is showing signs of potential convergence as the DIF line (-1.82) attempts to stabilize.

Key Price Levels

• Primary Support: $35.45 (52-Week Low). A breach could signal a new downtrend.

• Strong Resistance: $38.65 (Recent swing high). A close above this level is needed to confirm a short-term trend reversal.

• Immediate Pivot: $37.15 (Recent support-turned-resistance). Current price action is testing this zone.

Valuation Perspective

The stock trades at a TTM P/E of -5.36 due to negative earnings. The Forward P/E of 21.66 is below its historical average of 29.54, suggesting the market has priced in significant challenges. The Price-to-Sales ratio of 0.83 appears low for the industry.

Analyst Targets

Coverage is mixed but leans bullish. 9 analysts have an average price target of $46.95 (upside of ~26%). The consensus is a "Buy/Hold" with 4 Strong Buys, 3 Buys, 5 Holds, and 1 Sell rating.

Weekly Outlook

Expect consolidation between $35.45 and $38.65 in the coming week. A sustained break above $38.65 could target the $40-$42 range. Failure to hold $37.15 may lead to a retest of the $35.45 low.

For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.

🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now

Find out more here.

Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.

Click to access the activity

Other helpful links:

• 💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉

• How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.