Auto-detected technical analysis for IRM · data as of Aug 4, 2026. The chart above is live; the read below updates daily.
IRM is currently forming a bullish pennant on the daily timeframe. Detected Aug 4, 2026.
A bullish pennant is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $140.71 (+9.9%). Across 2,605 backtested bullish pennants, the setup followed through 57.4% of the time, averaging +0.99R; IRM's own bullish pennants have hit 16.7%.
New to this pattern? What a bullish pennant is and how to trade it →
IRM's most recent completed bullish pennant resolved as a loss: it broke higher on Jun 16, 2026 near $129.92, then was stopped out at $121.90 on Jul 1, 2026 — a -1.07R move (6.2%) over 10 sessions. Across 108 backtested bullish pennants, this setup wins 50.9% of the time.
Historical pattern statistics (2006-08-15 – 2026-08-04), not a prediction.
Every completed pattern trade our nightly backtest found on IRM's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Bullish Pennant | Jun 16, 2026 @ $129.92 | Jul 1, 2026 @ $121.90 | Loss | -1.07R |
| Triangle | Oct 29, 2025 @ $102.79 | Nov 13, 2025 @ $96.86 | Win | +1.47R |
| Falling Wedge | Feb 14, 2025 @ $94.24 | Apr 4, 2025 @ $80.82 | Win | +1.05R |
| Rising Wedge | Oct 23, 2024 @ $126.24 | Nov 6, 2024 @ $114.44 | Loss | -1.17R |
| Rising Wedge | Oct 16, 2024 @ $123.96 | Nov 6, 2024 @ $114.44 | Loss | -1.22R |
| Rising Wedge | Oct 7, 2024 @ $117.36 | Oct 14, 2024 @ $121.20 | Loss | -1.21R |
| Rising Wedge | Sep 23, 2024 @ $118.30 | Dec 10, 2024 @ $112.02 | Loss | -1.04R |
| Rising Wedge | Jul 9, 2024 @ $93.40 | Jul 24, 2024 @ $96.90 | Win | +0.64R |
| Triangle | May 7, 2024 @ $77.78 | May 22, 2024 @ $80.96 | Win | +1.07R |
| Triangle | Apr 9, 2024 @ $78.41 | Apr 15, 2024 @ $74.56 | Win | +1.62R |
| Bullish Pennant | Feb 22, 2024 @ $70.02 | Mar 13, 2024 @ $80.10 | Win | +2.64R |
| Rising Wedge | Jul 5, 2023 @ $57.67 | Jul 27, 2023 @ $61.08 | Win | +0.87R |
Price is being turned away at a ceiling near $127.92 and starting to slide. On the weekly chart, the next floor below sits near $72.33 — about 42% away.
Nearest auto-detected support sits near $118.69, resistance near $127.85. These are chart/swing-derived levels, not formula pivots.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 4, 2026 | $123.05 | $126.37 | $121.89 | $125.51 |
| Aug 3, 2026 | $122.17 | $125.59 | $119.82 | $124.08 |
| Jul 31, 2026 | $126.27 | $126.27 | $122.13 | $122.32 |
| Jul 30, 2026 | $123.04 | $126.68 | $122.50 | $124.64 |
| Jul 29, 2026 | $124.61 | $125.12 | $120.51 | $120.75 |
| Jul 28, 2026 | $126.35 | $126.53 | $122.82 | $125.70 |
| Jul 27, 2026 | $129.64 | $132.53 | $124.71 | $126.99 |
| Jul 24, 2026 | $127.02 | $132.87 | $125.33 | $128.31 |
| Jul 23, 2026 | $122.81 | $126.18 | $122.14 | $124.55 |
| Jul 22, 2026 | $125.52 | $126.24 | $123.98 | $124.51 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.