Iron Mountain (IRM) Offering Possible 5.26% Return Over the Next 6 Calendar Days

Iron Mountain's most recent trend suggests a bearish bias. One trading opportunity on Iron Mountain is a Bear Call Spread using a strike $30.00 short call and a strike $35.00 long call offers a potential 5.26% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $30.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock rose above the $35.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Iron Mountain is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Iron Mountain is bearish.

The RSI indicator is at 43.64 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Iron Mountain

Iron Mountain Announces Investment Conference Participation
Tue, 08 Sep 2020 10:00:00 +0000
Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company, announced today that it will present at two upcoming investor conferences:

Iron Mountain (IRM) Up 3.7% Since Last Earnings Report: Can It Continue?
Sat, 05 Sep 2020 15:32:03 +0000
Iron Mountain (IRM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Iron Mountain Inks Expansion Lease With U.S. Federal Agency
Wed, 02 Sep 2020 13:47:01 +0000
Iron Mountain (IRM) is set to lease 5 megawatts of capacity to an U.S. Federal government civilian agency for offering colocation data-center solutions to aid the agency's IT transformation efforts.

U.S. Federal Agency Expands with Iron Mountain with Five Megawatts Across Multiple Data Center Sites
Tue, 01 Sep 2020 10:00:00 +0000
Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company, today announced that a large U.S. Federal government civilian agency that is at the forefront of the nation's technological progress and achievement, is expanding its existing footprint to Iron Mountain data centers in Manassas, Virginia and Denver, Colorado. Iron Mountain is providing a colocation data center solution in support of the agency’s IT transformation initiatives.

What Can We Make Of Iron Mountain's (NYSE:IRM) CEO Compensation?
Wed, 19 Aug 2020 18:59:26 +0000
Bill Meaney has been the CEO of Iron Mountain Incorporated (NYSE:IRM) since 2013, and this article will examine the…

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