IRON MOUNTAIN INC (IRM) Stock Technical Analysis
USA - NYSE:IRM - US46284V1017 - REIT
Overall IRM gets a technical rating of 1 out of 10. IRM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of IRM is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
74.35
When analyzing the support we can see 2 important areas.
- A support zone ranging from 89.46 to 90.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @75.10 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 99.60 to 104.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @106.22 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for IRM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IRM is down. |
| ChartMill Relative Strength | 21.91 | NEGATIVE | IRM has a low relative strength, it was outperformed by 78.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IRM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IRM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IRM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.05 | OVERSOLD | The low RSI value suggests IRM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.13 | NEGATIVE | The MACD value suggests IRM has a negative trend. |
| Stochastics (14,3) | 18.91 | OVERSOLD | The low Stochastics value suggests IRM may be oversold. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for IRM suggests some volalility. |
| Average Directional Index/ADX (14) | 23.32 | NEUTRAL | The ADX value for IRM suggests a possible start of a new trend. |
91.37
-6.72 (-6.85%)
IRON MOUNTAIN INC / IRM FAQ
Can you provide the ChartMill technical rating for IRON MOUNTAIN INC?
ChartMill assigns a technical rating of 1 / 10 to IRM.
Can you provide the trend direction for IRON MOUNTAIN INC?
The current trend direction for IRON MOUNTAIN INC (IRM) is Bearish.
What is the RSI signal for IRM stock?
IRON MOUNTAIN INC (IRM) has an RSI value of 29.0545. This indicates that the stock is currently oversold.
What is the short term momentum for IRM stock?
The short term momentum for IRON MOUNTAIN INC (IRM) is negative.
What is the support and resistance level for IRM stock?
IRON MOUNTAIN INC (IRM) has a support level at 90.16 and a resistance level at 99.6. Check the full technical report for our detailed analysis of IRM support and resistance levels.