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Sideways. Momentum is mostly flat.
Means
Direction is not clear. Price is likely ranging.
Based on
Current regime: Low volatility. Recent change: cooling down.
Means
Swings are calmer, so timing pressure is lower.
Based on
Current level looks fair.
Means
Price is around the middle of its recent range, so both upside and downside still matter.
Based on
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Both run data centers and sell colocation space, power, and related services to companies that need to place IT equipment in secure facilities. Iron Mountain also has a global data center business with 36 facilities, so it can compete with Equinix for enterprise customers and cloud or AI workloads in some markets.