Bullish Two Hundred Day Moving Average Cross – International Paper

In trading on Wednesday, shares of International Paper crossed above their 200 day moving average of $37.81, changing hands as high as $38.09 per share. International Paper Co shares are currently trading up about 0.6% on the day.

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The chart below shows the one year performance of IP shares, versus its 200 day moving average:

Looking at the chart above, IP’s low point in its 52 week range is $26.38 per share, with $47.64 as the 52 week high point — that compares with a last trade of $37.88. The IP DMA information above was sourced from TechnicalAnalysisChannel.com

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