Iron Mountain is a holding company. Through its subsidiaries, Co. stores physical records and data backup media, provides information management solutions and provides data center space. Co.'s segments are: Global Records and Information Management Business, which includes records management, data management, global digital solutions, secure shredding and secure information technology asset disposition; Global Data Center Business, which provides data center facilities and capacity; and Corporate and Other Business, which includes primarily of Adjacent Businesses such as providing digital content repository systems and technical capabilities in the handling, installation and storing of art.
When researching a stock like Iron Mountain, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from IRM Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for IRM stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the IRM 200 day moving average ("IRM 200 DMA"), while one of the most popular "shorter look-backs" is the IRM 50 day moving average ("IRM 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Iron Mountain. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the IRM 200 DMA and the IRM 50 DMA, we get a moving average convergence divergence indicator ("IRM MACD"). The IRM MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |