IRON MOUNTAIN INC (IRM) Stock Technical Analysis
NYSE:IRM - New York Stock Exchange, Inc. - US46284V1017 - REIT - Currency: USD
Taking everything into account, IRM scores 0 out of 10 in our technical rating. IRM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, IRM is a bad performer in the overall market: 84% of all stocks are doing better.
IRM is part of the Specialized REITs industry. There are 30 other stocks in this industry, of which 72% are performing better than IRM.
IRM has an average volume of 1545870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
In the last month IRM has a been trading in the 89.05 - 100.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IRM has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
74.35
107.28
We found 3 important support areas.
- A support zone ranging from 89.55 to 90.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @81.84 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 4 important areas.
- A resistance zone ranging from 95.94 to 97.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 98.90 to 100.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @102.30 from a horizontal line in the weekly time frame.
- 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 | DOWN | NEGATIVE | The long term trend for IRM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IRM is down. |
| ChartMill Relative Strength | 16.96 | NEGATIVE | IRM has a low relative strength, it was outperformed by 83.04% 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) | DOWN | NEGATIVE | The current price of IRM is below a declining 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) | 45.14 | NEUTRAL | The RSI value for IRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests IRM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.74 | NEUTRAL | The Stochastics value for IRM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for IRM suggests some volalility. |
| Average Directional Index/ADX (14) | 32.1 | POSITIVE | The high ADX value value for IRM suggests a strong 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)
93.97
+1.82 (+1.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg1.98%
1 Week4.36%
2 Weeks-4.06%
1 Month-4.35%
3 Month-6.6%
6 Month-1.51%
12 Month-13.23%
2 Year47.89%
3 Year78.62%
5 Year212.3%
10 Year231.58%
15 Year363.36%
Volatility
ATR(14)2.63
ATR(20)%2.4%
ATR Inc2.47%
Range Today2.08
ADR(20)2.21
ADR(20)%2.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.96
Mansfield-1.75
10 Day High98.2
10 Day Low89.05
20 Day High100.25
20 Day Low89.05
52 Week High130.24
52 Week Low72.33
CS1 End90.16
CR1 Start95.94
Volume & EV
DER(3)-0.56%
DER(5)-0.88%
Volume1.78M
Volume Incr40.36%
Vol(5)1.79M
Vol(50)1.55M