FIRST MAJESTIC SILVER CORP (AG.CA) Stock Technical Analysis
TSX:AG - Toronto Stock Exchange - CA32076V1031 - Common Stock - Currency: CAD
We assign a technical rating of 1 out of 10 to AG. AG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
AG has an average volume of 1101010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, AG turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
AG is an average performer in the Metals & Mining industry, it outperforms 52% of 818 stocks in the same industry.
AG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AG is lagging the market.
In the last month AG has a been trading in the 7.39 - 8.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
AG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 7.69, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.83
10.89
We found 2 important support areas.
- A support zone ranging from 7.58 to 7.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.90 from a trend line in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 8.10 to 8.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.39 to 8.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.83 from a horizontal line in the daily time frame.
- Resistance @10.57 from a horizontal line in the weekly time frame.
- Resistance @10.78 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.61
Mansfield-1.46
10 Day High8.52
10 Day Low7.45
20 Day High8.95
20 Day Low7.4
52 Week High11.58
52 Week Low5.94
Performance
1 Week-2.35%
2 Weeks-4.93%
1 Month-1.98%
3 Month-12.21%
6 Month2.06%
12 Month25.76%
2 Year-5.04%
3 Year-44.57%
5 Year-21.92%
10 Year2.59%
15 Year131.29%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)46.69
LBB7.45
UBB8.79
TSX:AG (2/21/2025, 7:00:00 PM)
7.91
-0.27 (-3.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.3%
1 Week-2.35%
2 Weeks-4.93%
1 Month-1.98%
3 Month-12.21%
6 Month2.06%
12 Month25.76%
2 Year-5.04%
3 Year-44.57%
5 Year-21.92%
10 Year2.59%
15 Year131.29%
Volatility
ATR(14)0.44
ATR(20)%5.61%
ATR Inc17.42%
Range Today0.36
ADR(20)0.42
ADR(20)%5.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.61
Mansfield-1.46
10 Day High8.52
10 Day Low7.45
20 Day High8.95
20 Day Low7.4
52 Week High11.58
52 Week Low5.94
CS1 End7.69
CR1 Start8.1
Volume & EV
DER(3)7.7%
DER(5)2.09%
Volume1.31M
Volume Incr44.61%
Vol(5)1.55M
Vol(50)1.10M