IRON MOUNTAIN INC (IRM) Stock Technical Analysis
USA - NYSE:IRM - US46284V1017 - REIT
100.93 USD
+0.13 (+0.13%)
100.93 USD
0 (0%)
Overall IRM gets a technical rating of 7 out of 10. Although IRM is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
81% of all other stocks performed better in the past year than IRM.
The long and short term trends are both positive. This is looking good!
IRM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
IRM has an average volume of 1443020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IRM is an average performer in the Specialized REITs industry, it outperforms 42% of 29 stocks in the same industry.
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.
IRM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 97.34, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
74.35
107.28
When analyzing the support we can see 4 important areas.
- A support zone ranging from 95.20 to 97.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @91.72 from a trend line in the daily time frame.
- 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 101.00 to 102.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 104.30 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 | UP | POSITIVE | The long term trend for IRM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IRM is up. |
| ChartMill Relative Strength | 19.76 | NEGATIVE | IRM has a low relative strength, it was outperformed by 80.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IRM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IRM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of IRM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.03 | NEUTRAL | The RSI value for IRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests IRM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.47 | NEUTRAL | The Stochastics value for IRM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for IRM suggests some volalility. |
| Average Directional Index/ADX (14) | 23.84 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 102.31 | 96.06 | 6.25 (6.11%) | 16.37% |
| An entry @102.31. This is a Buy Stop order right above the resistance zone. | An exit @96.06. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 6.25 points, which is 6.11%. | For a 1.00% total portfolio risk, you can invest 16.37% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
100.93
+0.13 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg0.13%
1 Week1.04%
2 Weeks4.39%
1 Month9.74%
3 Month-1.34%
6 Month18.6%
12 Month-13.54%
2 Year69.77%
3 Year129.54%
5 Year276.75%
10 Year225.37%
15 Year351.79%
Volatility
ATR(14)2.72
ATR(20)%2.51%
ATR Inc-41.86%
Range Today1.51
ADR(20)2.44
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.76
Mansfield-1.03
10 Day High104.74
10 Day Low96.07
20 Day High104.74
20 Day Low87.8
52 Week High130.24
52 Week Low72.33
CS1 End97.34
CR1 Start101
Volume & EV
DER(3)-1.27%
DER(5)-0.6%
Volume1.12M
Volume Incr0.73%
Vol(5)1.51M
Vol(50)1.44M