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FIRST MAJESTIC SILVER CORP (AG) Stock Technical Analysis

NYSE:AG - New York Stock Exchange, Inc. - CA32076V1031 - Common Stock - Currency: USD

6.16  +0.45 (+7.88%)

After market: 6.18 +0.02 (+0.32%)

Technical Rating and Analysis

4

Overall AG gets a technical rating of 4 out of 10. Although AG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month AG has a been trading in the 5.14 - 6.25 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
AG has an average volume of 12642500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, AG did better than 80% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
AG is part of the Metals & Mining industry. There are 150 other stocks in this industry, AG did better than 67% of them.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
FIRST MAJESTIC SILVER CORP / AG Weekly stock chart
FIRST MAJESTIC SILVER CORP / AG Daily stock chart
Setup Rating and Analysis

3

AG has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

4.53

8.06

We found 3 important support areas.

  • Support @5.45 from a horizontal line in the weekly time frame.
  • A support zone ranging from 5.26 to 5.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @4.58 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • Resistance @7.49 from a trend line in the weekly time frame.
  • Resistance @7.79 from a horizontal line in the weekly time frame.
  • Resistance @7.98 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.03
Mansfield-0.79
10 Day High6.25
10 Day Low5.14
20 Day High6.25
20 Day Low5.14
52 Week High8.44
52 Week Low4.17
Performance
1 Week15.36%
2 Weeks7.5%
1 Month6.39%
3 Month-4.79%
6 Month22.47%
12 Month34.5%
2 Year0.98%
3 Year-45.2%
5 Year-18.3%
10 Year-0.32%
15 YearN/A
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)0.06
RSI(14)58.23
LBB5.22
UBB6.11
FIRST MAJESTIC SILVER CORP / AG Daily stock chart

FIRST MAJESTIC SILVER CORP

NYSE:AG (2/4/2025, 8:25:31 PM)

After market: 6.18 +0.02 (+0.32%)

6.16

+0.45 (+7.88%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg7.88%
1 Week15.36%
2 Weeks7.5%
1 Month6.39%
3 Month-4.79%
6 Month22.47%
12 Month34.5%
2 Year0.98%
3 Year-45.2%
5 Year-18.3%
10 Year-0.32%
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%5.57%
ATR Inc25.29%
Range Today0.43
ADR(20)0.31
ADR(20)%5.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.03
Mansfield-0.79
10 Day High6.25
10 Day Low5.14
20 Day High6.25
20 Day Low5.14
52 Week High8.44
52 Week Low4.17
CS1 End5.45
CR1 Start7.49
Volume & EV
DER(3)0.54%
DER(5)3.55%
Volume25.14M
Volume Incr35.81%
Vol(5)21.08M
Vol(50)12.64M