FIRST MAJESTIC SILVER CORP (AG.CA) Stock Technical Analysis
TSX:AG - Toronto Stock Exchange - CA32076V1031 - Common Stock - Currency: CAD
Overall AG 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, AG is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
A new 52 week high is currently being made by AG, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month AG has a been trading in the 10.73 - 12.74 range, which is quite wide. It is currently trading near the high of this range.
AG has an average volume of 1594960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, AG did better than 85% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
AG is part of the Metals & Mining industry. There are 805 other stocks in this industry, AG did better than 68% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although AG has an excellent technical rating, it 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.
More info and screens
7.11
12.82
When analyzing the support we can see 6 important areas.
- Support @11.22 from a trend line in the daily time frame.
- A support zone ranging from 10.94 to 11.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.14 from a trend line in the weekly time frame.
- Support @7.85 from a horizontal line in the weekly time frame.
- Support @7.59 from a horizontal line in the daily time frame.
- Support @7.18 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AG.CA is up. |
| ChartMill Relative Strength | 85.65 | POSITIVE | AG.CA has a high relative strength, it outperformed 85.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.85 | NEUTRAL | The RSI value for AG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AG.CA has a positive trend. |
| Stochastics (14,3) | 84.29 | OVERBOUGHT | The high Stochastics value suggests AG.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4 | MEDIUM VOLATILITY | The ATR as a percentage value for AG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 33.03 | POSITIVE | The high ADX value value for AG.CA suggests a strong trend. |
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)
TSX:AG (7/11/2025, 7:00:00 PM)
12.69
+0.87 (+7.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg7.36%
1 Week9.68%
2 Weeks11.12%
1 Month13%
3 Month45.36%
6 Month50.18%
12 Month39.91%
2 Year44.2%
3 Year29.36%
5 Year-29.03%
10 Year216.46%
15 Year218.05%
Volatility
ATR(14)0.55
ATR(20)%4%
ATR Inc56.18%
Range Today0.72
ADR(20)0.48
ADR(20)%3.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.65
Mansfield3.35
10 Day High12.74
10 Day Low10.84
20 Day High12.74
20 Day Low10.73
52 Week High12.74
52 Week Low6.25
CS1 End11.22
CR1 StartN/A
Volume & EV
DER(3)5.18%
DER(5)2.25%
Volume2.46M
Volume Incr19.77%
Vol(5)1.78M
Vol(50)1.59M