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Archive - 12/13/2024 - Sign In to see current Signals. |
Iron Mountain Inc. (IRM) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Iron Mountain Inc. (IRM). During the week, the IRM dropped -8.26 points, or -6.87%, and closed at 111.90 on Friday, December 13, 2024. IRM was trading at average weekly trading volume. Long-term trend: [See IRM long-term trend chart] A long-term uptrend had started on April 2, 2020 at 21.00 and reached 130.24 on October 25, 2024. IRM gained -109.24 points, or -520.19%, in 238 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (66.46) 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 September 29, 2022 at 43.33 and reached 130.24 on October 25, 2024. IRM gained -86.91 points, or -200.58%, in 108 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (71.09) 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 medium-term trend. Weekly Technical Indicators: [See IRM weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since November 8, 2024. The distance between MACD and the signal line is relatively high and getting bigger. Use the following link to access a MACD help. Short-term trend: [See IRM short-term trend chart] A short-term downtrend had started on November 27, 2024 at 125.40 and reached 111.30 on December 11, 2024. IRM lost 14.10 points, or 11.24%, in 14 days. Price is near the trend low. Daily Technical Indicators: [See IRM daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range and Lane's Stochastic. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. 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.
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