FIRST MAJESTIC SILVER CORP (AG.CA) Stock Technical Analysis
Canada - TSX:AG - CA32076V1031 - Common Stock
16.92 CAD
+0.07 (+0.42%)
Taking everything into account, AG scores 10 out of 10 in our technical rating. 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.
Looking at the yearly performance, AG did better than 86% of all other stocks. We also observe that the gains produced by AG over the past year are nicely spread over this period.
AG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
AG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
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 1819020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AG is an average performer in the Metals & Mining industry, it outperforms 65% of 818 stocks in the same industry.
AG 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
7.51
17.09
7 important support areas can be observed.
- A support zone ranging from 16.74 to 16.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.82 from a trend line in the daily time frame.
- A support zone ranging from 13.23 to 13.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.00 from a horizontal line in the daily time frame.
- Support @8.57 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.
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 | 86.31 | POSITIVE | AG.CA has a high relative strength, it outperformed 86.31% 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) | 67.71 | NEUTRAL | The RSI value for AG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests AG.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.06 | NEUTRAL | The Stochastics value for AG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.44 | HIGH VOLATILITY | The high ATR as a percentage value for AG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 38.21 | 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 (10/3/2025, 7:00:00 PM)
16.92
+0.07 (+0.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.42%
1 Week-0.06%
2 Weeks15.26%
1 Month33.33%
3 Month46.24%
6 Month113.64%
12 Month96.06%
2 Year136.98%
3 Year47.64%
5 Year24.14%
10 Year291.67%
15 Year116.37%
Volatility
ATR(14)1.01
ATR(20)%5.44%
ATR Inc-0.41%
Range Today0.71
ADR(20)0.87
ADR(20)%5.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.31
Mansfield5.13
10 Day High18.09
10 Day Low15.07
20 Day High18.09
20 Day Low12.55
52 Week High18.09
52 Week Low7.4
CS1 End16.91
CR1 StartN/A
Volume & EV
DER(3)-2.9%
DER(5)-0.2%
Volume2.39M
Volume Incr8.15%
Vol(5)2.60M
Vol(50)1.82M