IRON MOUNTAIN INC. - Daily - Technical analysis published on 11/06/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 33.31 USD
My targets
34.37 USD (+2.94%)
35.40 USD (+6.02%)
My analysis
The bullish trend is currently very strong on IRON MOUNTAIN INC.. As long as the price remains above the support at 33.31 USD, you could try to benefit from the boom. The first bullish objective is located at 34.37 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 35.40 USD as an objective. Crossing it would then enable buyers to target 36.57 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
6.4
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The IRON MOUNTAIN INC. price is 33.39 USD. The price is lower by -2.85% since the last closing and was traded between 33.08 USD and 34.15 USD over the period. The price is currently at +0.94% from its lowest and -2.23% from its highest.33.08
34.15
33.39
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of IRON MOUNTAIN INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
On the 18 technical indicators analysed, 6 are bullish, 8 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 31.76 | 32.56 | 33.31 | 33.39 | 34.37 | 35.40 | 36.57 |
| Change (%) | -4.88% | -2.49% | -0.24% | - | +2.94% | +6.02% | +9.52% |
| Change | -1.63 | -0.83 | -0.08 | - | +0.98 | +2.01 | +3.18 |
| Level | Intermediate | Major | Major | - | Major | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 32.14 | 32.43 | 32.97 | 33.26 | 33.80 | 34.09 | 34.63 |
| Camarilla | 33.29 | 33.37 | 33.44 | 33.52 | 33.60 | 33.67 | 33.75 |
| Woodie | 32.28 | 32.49 | 33.11 | 33.32 | 33.94 | 34.15 | 34.77 |
| Fibonacci | 32.43 | 32.74 | 32.94 | 33.26 | 33.57 | 33.77 | 34.09 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 30.57 | 31.38 | 32.45 | 33.26 | 34.33 | 35.14 | 36.21 |
| Camarilla | 33.00 | 33.18 | 33.35 | 33.52 | 33.69 | 33.87 | 34.04 |
| Woodie | 30.70 | 31.45 | 32.58 | 33.33 | 34.46 | 35.21 | 36.34 |
| Fibonacci | 31.38 | 32.10 | 32.54 | 33.26 | 33.98 | 34.42 | 35.14 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28.66 | 30.15 | 31.47 | 32.96 | 34.28 | 35.77 | 37.09 |
| Camarilla | 32.03 | 32.29 | 32.54 | 32.80 | 33.06 | 33.32 | 33.57 |
| Woodie | 28.59 | 30.11 | 31.40 | 32.92 | 34.21 | 35.73 | 37.02 |
| Fibonacci | 30.15 | 31.22 | 31.88 | 32.96 | 34.03 | 34.69 | 35.77 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 54.20 | |
| MACD (12,26,9): | 0.3500 | |
| Directional Movement: | 7.00 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 33.73 | |
| Parabolic SAR (0,02-0,02-0,2): | 34.23 | |
| Elder Ray (13): | 0.22 | |
| Super Trend (3,10): | 32.64 | |
| Zig ZAG (10): | 33.39 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 46.84 | |
| TEMA (21): | 33.73 | |
| Williams %R (14): | -46.67 | |
| Chande Momentum Oscillator (20): | 0.62 | |
| Repulse (5,40,3): | -0.2600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1900 | |
| Courbe Coppock: | 6.45 |
| MA7: | 33.54 | |
| MA20: | 33.19 | |
| MA50: | 32.51 | |
| MA100: | 31.48 | |
| MAexp7: | 33.46 | |
| MAexp20: | 33.23 | |
| MAexp50: | 32.54 | |
| MAexp100: | 32.03 | |
| Price / MA7: | -0.45% | |
| Price / MA20: | +0.60% | |
| Price / MA50: | +2.71% | |
| Price / MA100: | +6.07% | |
| Price / MAexp7: | -0.21% | |
| Price / MAexp20: | +0.48% | |
| Price / MAexp50: | +2.61% | |
| Price / MAexp100: | +4.25% |
News
The last news published on IRON MOUNTAIN INC. at the time of the generation of this analysis was as follows:
- Iron Mountain Reports Fourth Quarter and Full Year 2017 Results
- Iron Mountain Inc. to Host Earnings Call
- Iron Mountain Declares First Quarter 2018 Dividend
- Iron Mountain and Chenega Applied Solutions Awarded Contract by the Federal Bureau of Prisons
- Iron Mountain Incorporated Announces Tax Treatment of 2017 Distributions
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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