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Markets Score 30 Bullish

International Paper Hits Oversold Territory as RSI Drops Below 30

Apr 30, 2026 20:49 UTC
IP
Short term

Technical indicators suggest International Paper Co (IP) may be reaching a price floor after a significant decline. The stock's Relative Strength Index (RSI) has dipped into oversold territory, contrasting sharply with broader market trends.

  • RSI reading of 29.5 indicates oversold conditions
  • Shares touched a 52-week low of $29.45
  • Current price of $30.42 sits near the bottom of the yearly range
  • Significant divergence from the S&P 500's RSI of 69.1

International Paper Co (IP) shares have entered oversold territory, signaling a potential exhaustion of selling pressure. During Thursday's session, the stock hit a low of $29.45 per share, triggering a Relative Strength Index (RSI) reading of 29.5. This technical downturn occurs while the broader market remains relatively strong. For comparison, the S&P 500 ETF (SPY) currently maintains an RSI of 69.1, highlighting a significant divergence between the paper giant and the wider equity index. The stock's recent low of $29.45 marks the bottom of its 52-week range, which peaked at $56.13. With the last trade recorded at $30.42, the equity is trading near its yearly lows. From a trader's perspective, an RSI below 30 often indicates that a security is undervalued in the short term. Bullish investors may view this technical setup as a strategic entry point, anticipating a mean-reversion bounce as selling momentum fades.

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