IRON MOUNTAIN INC (IRM) Technical Analysis
NYSE:IRM • US46284V1017
Overall IRM gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IRM is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- IRM is one of the better performing stocks in the Specialized REITs industry, it outperforms 96% of 28 stocks in the same industry.
- IRM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IRM is lagging the market slightly.
- In the last month IRM has a been trading in the 98.71 - 115.24 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- IRM has an average volume of 1982150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that IRM is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- Considerably lower volume is observed in the last couple of days.
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. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
74.35
5 important support areas can be observed.
- Support @107.44 from a trend line in the daily time frame.
- A support zone ranging from 105.18 to 105.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 96.73 to 97.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @79.24 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 one important area.
- A resistance zone ranging from 107.86 to 111.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 85.28 | POSITIVE | IRM has a high relative strength, it outperformed 85.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IRM is below 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) | UP | POSITIVE | The current price of IRM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.82 | NEUTRAL | The RSI value for IRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.9 | NEGATIVE | The MACD value suggests IRM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.15 | NEUTRAL | The Stochastics value for IRM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for IRM suggests some volalility. |
| Average Directional Index/ADX (14) | 30.95 | POSITIVE | The high ADX value value for IRM suggests a strong trend. |
IRM Technicals: Chart, Performance Metrics, Trend & Indicators
107.59
-0.18 (-0.17%)
IRON MOUNTAIN INC / IRM FAQ
Can you provide the ChartMill technical rating for IRON MOUNTAIN INC?
ChartMill assigns a technical rating of 9 / 10 to IRM.
What is the trend direction for IRM stock?
The current trend direction for IRON MOUNTAIN INC (IRM) is Bullish.
What is the RSI signal for IRM stock?
IRON MOUNTAIN INC (IRM) has an RSI value of 57.8227. This indicates that the stock is currently neutral.
What is the buy/sell signal for IRON MOUNTAIN INC (IRM) stock?
The buy/sell signal for IRON MOUNTAIN INC (IRM) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for IRON MOUNTAIN INC?
IRON MOUNTAIN INC (IRM) has a support level at 107.44 and a resistance level at 107.86. Check the full technical report for our detailed analysis of IRM support and resistance levels.