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International Paper Breaks Above 200-Day Moving Average - Bullish for IP

By Dividend Channel Staff, Thursday, August 31, 11:12 AM ET
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In trading on Thursday, shares of International Paper Co (NYSE:IP) crossed above their 200 day moving average of $34.85, changing hands as high as $34.94 per share. International Paper Co shares are currently trading up about 0.1% on the day. The chart below shows the one year performance of IP shares, versus its 200 day moving average:

International Paper Co 200 Day Moving Average Chart

Looking at the chart above, IP's low point in its 52 week range is $29.005 per share, with $42.685 as the 52 week high point — that compares with a last trade of $34.89. The IP DMA information above was sourced from TechnicalAnalysisChannel.com


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