The Greedy Trader Weekly Analysis
Sign In Apr 9, 2021
Skip Navigation Links
Number of records: 0
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Iron Mountain Inc. (IRM)

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorBroken trend resistance linePrice is near the Fibonacci 23.6% retracement level
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtThe price has risen above the Parabolic SARThe price is above the upper Bollinger BandThe period of low volatility of the stock price
Move cursor over the icon to see details.

It was a second consecutive positive week for the Iron Mountain Inc. (IRM). During the week, the IRM climbed 0.02 points, or 0.05%, and closed at 37.30 on Thursday, April 1, 2021. Weekly volume was -47% below average.

IRM is a member of Real Estate Sector. Real Estate is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See IRM long-term trend chart]
A long-term uptrend had started on April 2, 2020 at 21.00 and reached 41.32 on January 27, 2021. IRM gained -20.32 points, or -96.76%, in 42 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend resistance line (28.88) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See IRM medium-term trend chart]
A medium-term uptrend had started on November 13, 2020 at 24.85 and reached 41.32 on January 27, 2021. IRM gained -16.47 points, or -66.28%, in 10 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Weekly Technical Indicators: [See IRM weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since December 4, 2020. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See IRM short-term trend chart]
A short-term uptrend had started on January 12, 2021 at 27.72 and reached 41.32 on January 27, 2021. IRM gained -13.60 points, or -49.06%, in 15 days. The price is now at the 29.56% retracement level.

Daily Technical Indicators: [See IRM daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The daily MACD line is below its signal line since March 16, 2021. The distance between MACD and the signal line is low and getting smaller.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The distance between the Bollinger Bands is falling, and it was 5.25% on Friday. It is 67.20% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 53.90
Williams' Percentage Range (W%R) 9.80
Strong Overbought
Lane's Stochastic (%D-Slow) 81.50
Overbought
Greed/Fear Indicator (GFI) 75.19
Moving Average Converg./Diverg. (MACD) 0.84
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 73.63
Williams' Percentage Range (W%R) 24.90
Lane's Stochastic (%D-Slow) 61.21
Greed/Fear Indicator (GFI) 66.06
Moving Average Converg./Diverg. (MACD) 1.53
Trading Signals
Description Value Chart
Price 37.30
Upper Bollinger Band 37.22
Daily Stochastic Crossing 37.08
20 Day Moving Average 36.59
Parabolic System 35.77
Weekly Stochastic Crossing 35.29
Lower Bollinger Band 35.26
50 Day Moving Average 34.58
Sector and Industry
Description Name Rank
Sector Real Estate 10
Industry Specialized REITs 53
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 27.72
Low Date 01/12/2021
High 41.32
High Date 01/27/2021
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 24.85
Low Date 11/13/2020
High 41.32
High Date 01/27/2021
Description Value
Direction Up
Chart Pattern Ascending Triangle
Status Broken Resistance
Resistance 29.45
Support 28.88
Low 21.00
Low Date 04/02/2020
High 41.32
High Date 01/27/2021
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 41.53
High Date 11/21/2017
Low 21.00
Low Date 04/02/2020
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 41.53
High Date 02/06/2015
Low 21.00
Low Date 04/02/2020
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2018 All rights reserved.