MAG SILVER CORP (MAG) Stock Technical Analysis
NYSEARCA:MAG - NYSE Arca - CA55903Q1046 - Common Stock - Currency: USD
Overall MAG gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MAG is showing a nice and steady performance.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, MAG did better than 93% of all other stocks.
MAG is part of the Metals & Mining industry. There are 150 other stocks in this industry. MAG outperforms 79% of them.
MAG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MAG is lagging the market slightly.
In the last month MAG has a been trading in the 14.28 - 17.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MAG has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
13.50
18.17
3 important support areas can be observed.
- A support zone ranging from 15.75 to 15.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @14.51 from a trend line in the weekly time frame.
- A support zone ranging from 13.64 to 13.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 15.78 to 16.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @17.04 from a trend line in the daily time frame.
- Resistance @17.99 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
CRS93.29
Mansfield0.86
10 Day High17.31
10 Day Low15.66
20 Day High17.31
20 Day Low14.28
52 Week High18.27
52 Week Low8.2
Performance
1 Week-7.84%
2 Weeks-2.17%
1 Month5.21%
3 Month1.74%
6 Month16.65%
12 Month81.99%
2 Year31.99%
3 Year-7.02%
5 Year87.4%
10 Year-33.64%
15 Year1033.81%
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)-0.04
RSI(14)49.09
LBB15.54
UBB17.13
15.76
-1.13 (-6.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-6.69%
1 Week-7.84%
2 Weeks-2.17%
1 Month5.21%
3 Month1.74%
6 Month16.65%
12 Month81.99%
2 Year31.99%
3 Year-7.02%
5 Year87.4%
10 Year-33.64%
15 Year1033.81%
Volatility
ATR(14)0.66
ATR(20)%4.48%
ATR Inc29.69%
Range Today1.11
ADR(20)0.65
ADR(20)%4.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.29
Mansfield0.86
10 Day High17.31
10 Day Low15.66
20 Day High17.31
20 Day Low14.28
52 Week High18.27
52 Week Low8.2
CS1 End15.75
CR1 Start15.78
Volume & EV
DER(3)1.27%
DER(5)-0.57%
Volume1.28M
Volume Incr22.12%
Vol(5)753.20K
Vol(50)558.27K