FIRST MAJESTIC SILVER CORP (FMV.DE) Stock Technical Analysis
FRA:FMV - Deutsche Boerse Ag - CA32076V1031 - Common Stock - Currency: EUR
We assign a technical rating of 2 out of 10 to FMV. FMV 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the performance of all stocks over the past year, FMV turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
FMV is an average performer in the Metals & Mining industry, it outperforms 46% of 40 stocks in the same industry.
FMV 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.
In the last month FMV has a been trading in the 4.85 - 5.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
FMV has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 5.46. Right above this resistance zone may be a good entry point.
More info and screens
4.23
7.07
When analyzing the support we can see 3 important areas.
- Support @5.09 from a horizontal line in the weekly time frame.
- A support zone ranging from 4.89 to 4.94. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @4.27 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 5.46 to 5.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.76 to 5.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.00 from a trend 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
CRS55.82
Mansfield-1.07
10 Day High5.51
10 Day Low4.85
20 Day High5.82
20 Day Low4.85
52 Week High7.85
52 Week Low4.05
Performance
1 Week4.98%
2 Weeks-2.55%
1 Month-4.56%
3 Month-6.85%
6 Month24.71%
12 Month11.73%
2 Year-21.15%
3 Year-55.4%
5 Year-9.25%
10 Year6.63%
15 Year132.78%
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)0.02
RSI(14)49.76
LBB4.93
UBB5.6
FRA:FMV (3/7/2025, 7:00:00 PM)
5.354
-0.13 (-2.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.3%
1 Week4.98%
2 Weeks-2.55%
1 Month-4.56%
3 Month-6.85%
6 Month24.71%
12 Month11.73%
2 Year-21.15%
3 Year-55.4%
5 Year-9.25%
10 Year6.63%
15 Year132.78%
Volatility
ATR(14)0.28
ATR(20)%5.12%
ATR Inc-31.43%
Range Today0.18
ADR(20)0.24
ADR(20)%4.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.82
Mansfield-1.07
10 Day High5.51
10 Day Low4.85
20 Day High5.82
20 Day Low4.85
52 Week High7.85
52 Week Low4.05
CS1 End5.09
CR1 Start5.46
Volume & EV
DER(3)-20.01%
DER(5)-18.69%
Volume18.73K
Volume Incr-54.84%
Vol(5)23.39K
Vol(50)37.28K