IRON MOUNTAIN INC (IRM) Stock Technical Analysis
NYSE:IRM - New York Stock Exchange, Inc. - US46284V1017 - REIT - Currency: USD
We assign a technical rating of 4 out of 10 to IRM. In the last year, IRM was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
In the last month IRM has a been trading in the 96.33 - 105.57 range, which is quite wide. It is currently trading near the lows of this range.
IRM is part of the Specialized REITs industry. There are 30 other stocks in this industry. IRM outperforms 72% of them.
IRM has an average volume of 1534900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, IRM outperforms 54% of them, which is more or less in line with the market.
IRM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IRM is lagging the market.
Considerably lower volume is observed in the last couple of days.
IRM has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 99.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 98.80, a Stop Loss order could be placed below this zone.
More info and screens
74.35
107.28
When analyzing the support we can see 3 important areas.
- A support zone ranging from 95.80 to 98.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @81.11 from a trend line in the weekly time frame.
- Support @75.10 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 99.40 to 100.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 102.30 to 102.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 105.25 to 106.22. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for IRM is neutral. |
| ChartMill Relative Strength | 54.23 | NEUTRAL | IRM is not amongst the best or worst performers 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) | 49.21 | NEUTRAL | The RSI value for IRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests IRM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.16 | NEUTRAL | The Stochastics value for IRM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for IRM suggests some volalility. |
| Average Directional Index/ADX (14) | 21.46 | NEUTRAL | The ADX value for IRM suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
99.3
+0.57 (+0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg0.58%
1 Week2.1%
2 Weeks-0.29%
1 Month-3.64%
3 Month13.2%
6 Month-10.58%
12 Month0.81%
2 Year61.73%
3 Year104.78%
5 Year252.25%
10 Year230.45%
15 Year319.52%
Volatility
ATR(14)1.63
ATR(20)%2.16%
ATR Inc-18.06%
Range Today1.22
ADR(20)2.07
ADR(20)%2.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.23
Mansfield-1.21
10 Day High100.39
10 Day Low96.33
20 Day High105.57
20 Day Low96.33
52 Week High130.24
52 Week Low72.33
CS1 End98.8
CR1 Start99.4
Volume & EV
DER(3)-0.65%
DER(5)1.09%
Volume858.00K
Volume Incr-43.77%
Vol(5)996.24K
Vol(50)1.53M