FIRST MAJESTIC SILVER CORP (AG) Stock Technical Analysis
NYSE:AG - New York Stock Exchange, Inc. - CA32076V1031 - Common Stock - Currency: USD
Overall AG gets a technical rating of 5 out of 10. AG has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month AG has a been trading in the 5.09 - 6.02 range, which is quite wide. It is currently trading near the high of this range.
AG has an average volume of 17451200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that AG is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
AG is an average performer in the Metals & Mining industry, it outperforms 58% of 151 stocks in the same industry.
AG is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 5.74, 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
4.53
7.87
4 important support areas can be observed.
- A support zone ranging from 5.59 to 5.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.36 to 5.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.26 to 5.27. 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.
4 important resistance areas can be observed.
- Resistance @5.92 from a horizontal line in the weekly time frame.
- Resistance @6.17 from a horizontal line in the daily time frame.
- Resistance @7.45 from a trend line in the weekly time frame.
- Resistance @7.79 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.67
Mansfield-0.75
10 Day High6.02
10 Day Low5.09
20 Day High6.02
20 Day Low5.09
52 Week High8.44
52 Week Low4.43
Performance
1 Week10.06%
2 Weeks6.49%
1 Month1.55%
3 Month-2.96%
6 Month27.65%
12 Month11.3%
2 Year-18.03%
3 Year-55.09%
5 Year-4.52%
10 Year9.24%
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)0.05
RSI(14)56.52
LBB5.16
UBB5.97
5.91
+0.07 (+1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.2%
1 Week10.06%
2 Weeks6.49%
1 Month1.55%
3 Month-2.96%
6 Month27.65%
12 Month11.3%
2 Year-18.03%
3 Year-55.09%
5 Year-4.52%
10 Year9.24%
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%5.46%
ATR Inc-15.89%
Range Today0.3
ADR(20)0.31
ADR(20)%5.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.67
Mansfield-0.75
10 Day High6.02
10 Day Low5.09
20 Day High6.02
20 Day Low5.09
52 Week High8.44
52 Week Low4.43
CS1 End5.74
CR1 Start5.92
Volume & EV
DER(3)7.47%
DER(5)5.29%
Volume14.33M
Volume Incr-12.32%
Vol(5)17.97M
Vol(50)17.45M