The Greedy Trader Weekly Analysis
Sign In Jun 27, 2025
Skip Navigation Links
Share
Number of records: 10
Symbol:  

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

Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 6/20/2025 -
Sign In to see current Signals.

Iron Mountain Inc. (IRM) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is overboughtLane's Stochastic is strongly overboughtBroken trend resistance lineTrend support at 101.34
Daily :Broken trend support lineWilliams' Percentage Range is strongly overbought20 Day Moving Average has crossed below the 50 Day Moving AverageThe price has risen above the Parabolic SAR
Move cursor over the icon to see details.

It was the negative week for the Iron Mountain Inc. (IRM). During the week, the IRM gave back -0.26 points, or -0.26%, and closed at 101.33 on Friday, June 20, 2025. IRM was trading at average weekly trading volume.

Long-term trend: [See IRM long-term trend chart]
A long-term downtrend had started on October 25, 2024 at 130.24 and reached 72.33 on April 7, 2025. IRM lost 57.91 points, or 44.46%, in 23 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (48.55) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. IRM may retest the broken resistance line. It is considered to be a support line now. 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 April 7, 2025 at 72.33 and reached 103.80 on June 6, 2025. IRM gained -31.47 points, or -43.51%, in 8 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (101.34) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.

Weekly Technical Indicators: [See IRM weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range or strongly overbought weekly Lane's Stochastic. 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 weekly MACD line is above its signal line since May 9, 2025. 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 May 22, 2025 at 94.63 and reached 103.80 on June 6, 2025. IRM gained -9.17 points, or -9.69%, in 15 days. The chart has formed a Ascending Triangle chart pattern. The uptrend support line (102.99) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a short-term trend.

Daily Technical Indicators: [See IRM daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range.

The daily MACD line is below its signal line since June 6, 2025. The distance between MACD and the signal line is low, but getting bigger.

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.

During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 63.37
Williams' Percentage Range (W%R) 4.50
Strong Overbought
Lane's Stochastic (%D-Slow) 61.00
Greed/Fear Indicator (GFI) 73.30
Moving Average Converg./Diverg. (MACD) 2.11
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 66.00
Williams' Percentage Range (W%R) 10.40
Overbought
Lane's Stochastic (%D-Slow) 91.93
Strong Overbought
Greed/Fear Indicator (GFI) 80.05
Overbought
Moving Average Converg./Diverg. (MACD) -2.82
Trading Signals
Description Value Chart
Monthly Trendline Resistance 106.05
Upper Bollinger Band 104.48
Weekly Trendline Resistance 103.46
Weekly Trendline Support 102.99
Daily Stochastic Crossing 102.13
Weekly Stochastic Crossing 102.01
Monthly Trendline Support 101.34
Price 101.33
Parabolic System 100.75
20 Day Moving Average 100.12
Lower Bollinger Band 95.86
50 Day Moving Average 94.76
Quarterly Trendline Resistance 81.82
Sector and Industry
Description Name Rank
Sector Real Estate 7
Industry Specialized REITs 76
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 103.50
High Date 06/18/2025
Low 100.94
Low Date 06/20/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Ascending Triangle
Status Broken Support
Resistance 103.46
Support 102.99
Low 94.63
Low Date 05/22/2025
High 103.80
High Date 06/06/2025
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Support
Resistance 106.05
Support 101.34
Low 72.33
Low Date 04/07/2025
High 103.80
High Date 06/06/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Broken Resistance
Resistance 81.82
Support 48.55
High 130.24
High Date 10/25/2024
Low 72.33
Low Date 04/07/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 21.00
Low Date 04/02/2020
High 130.24
High Date 10/25/2024
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.