International Paper(IP)

International Paper (IP) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for IP · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$38.09last close · Jul 22, 202652-week range $29.26 – $56.13 · 32.14% below the high

IP Rising Wedge Pattern

IP is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 2026.

A rising wedge usually breaks lower, but IP is breaking higher out of it instead — a notably bullish turn. A breakout projects a measured-move target near $43.94 (+9.6%). Across 10,660 backtested rising wedges, the setup followed through 50.4% of the time, averaging +0.20R; IP's own rising wedges have hit 38.1%.

DirectionBullishTarget$43.94Projected move+9.6%Breakout level$40.51

New to this pattern? What a rising wedge is and how to trade it →

IP's Most Recent Rising Wedge Trade

IP's most recent completed rising wedge (which broke against type) resolved as a win: it broke higher on Jan 5, 2026 near $40.60, then reached its target at $46.86 on Feb 19, 2026 — a 15.4% move (+2.43R) over 31 sessions. Across 135 backtested rising wedges, this setup wins 54.8% of the time.

OutcomeWinResult+15.4%R+2.43REntry$40.60Exit$46.86

Learn about rising wedge

How Rising Wedges Have Performed

Win rate

50.4%

Avg return

+0.20R

Backtested trades

10,660

IP win rate

38.1%

Historical pattern statistics (1987-01-30 – 2026-07-13), not a prediction.

How these backtests work →

IP Pattern Trade History

Every completed pattern trade our nightly backtest found on IP's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Rising Wedge	Jan 5, 2026 @ $40.60	Feb 19, 2026 @ $46.86	Win	+9.6% · +2.43R
Triangle	Dec 26, 2025 @ $39.74	Jan 20, 2026 @ $41.66	Win	+8.6% · +1.13R
Falling Wedge	Oct 14, 2025 @ $46.72	Oct 30, 2025 @ $38.63	Loss	+9.0% · -3.15R
Triangle	Sep 9, 2025 @ $46.70	Oct 30, 2025 @ $38.41	Win	+18.6% · +2.74R
Falling Wedge	May 12, 2025 @ $47.11	Jul 31, 2025 @ $46.74	Loss	+18.5% · -0.10R
Falling Wedge	Apr 4, 2025 @ $47.69	Oct 30, 2025 @ $41.43	Win	+15.3% · +0.70R
Falling Wedge	Mar 10, 2025 @ $51.10	Apr 8, 2025 @ $44.07	Win	+14.3% · +1.18R
Bullish Pennant	Aug 19, 2024 @ $47.46	Nov 13, 2024 @ $56.38	Win	+14.2% · +2.38R
Falling Wedge	May 2, 2024 @ $35.50	Jun 4, 2024 @ $44.22	Win	+18.4% · +3.73R
Triangle	Mar 19, 2024 @ $36.35	Apr 2, 2024 @ $38.70	Win	+13.8% · +1.62R
Triangle	Jan 31, 2024 @ $36.11	Feb 2, 2024 @ $34.08	Win	+6.2% · +1.14R
Falling Wedge	Nov 27, 2023 @ $33.69	Dec 12, 2023 @ $36.05	Win	+8.5% · +1.22R

Rising Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Open LIN’s live chart →

EWEdwards Lifesciences

Losing trade · −7.5%

Opened Jun 30, 2026

Closed Jul 20, 2026

Open EW’s live chart →

Open SPGI’s live chart →

BROBrown & Brown

Winning trade · +6.9%

Opened Jun 26, 2026

Closed Jul 15, 2026

Open BRO’s live chart →

Learn about rising wedge

IP Support and Resistance Levels

Price is being turned away at a ceiling near $38.57 and starting to slide. On the weekly chart, the next floor below sits near $33.16 — about 13% away.

Traders commonly watch $33.16 as a target (its 100% retracement) — think of it as a sensible next stop, not a guarantee.
That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
There's nothing to act on yet — the spot to watch is right at the $38.57 ceiling, where price is testing it now, not out here in the slide. Chasing once price pulls away tends to be worse odds.

IP Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$36.42	$38.20	$36.40	$38.09
Jul 21, 2026	$36.71	$36.85	$35.95	$36.35
Jul 20, 2026	$37.79	$37.82	$36.22	$36.25
Jul 17, 2026	$38.24	$38.82	$37.12	$37.56
Jul 16, 2026	$36.87	$37.92	$36.72	$37.87
Jul 15, 2026	$37.00	$37.56	$36.64	$36.74
Jul 14, 2026	$36.87	$37.06	$35.87	$36.50
Jul 13, 2026	$38.36	$38.60	$36.81	$37.00
Jul 10, 2026	$37.62	$38.60	$37.28	$37.93
Jul 9, 2026	$37.22	$37.63	$36.63	$37.18

IP Frequently Asked Questions

What chart pattern is IP forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a rising wedge on International Paper (IP) on the daily chart, with a measured-move target of $43.94.

Is a rising wedge bullish or bearish?

The rising wedge detected on IP is a bullish pattern, projecting a measured-move target of $43.94. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a rising wedge pattern, and what is its win rate?

Across TradingPal's backtest of the rising wedge family (10,660 trades over 628 symbols), it resolved in the expected direction 50.4% of the time with an average of +0.20R. These are historical statistics, not a prediction.

What is the price target if IP's pattern breaks out?

The detected rising wedge has a geometry-based measured-move target of $43.94 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was IP's closing price on Jul 22, 2026?

International Paper (IP) last closed at $38.09 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.