FIRST MAJESTIC SILVER CORP (AG)

CA32076V1031 - Common Stock

6.77  -0.07 (-1.02%)

After market: 6.72 -0.05 (-0.74%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to AG. Both in the recent history as in the last year, AG has proven to be a steady performer, scoring decent points in every aspect analyzed.

Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long and short term trends are both positive. This is looking good!
AG has an average volume of 9397430 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 84% 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 155 other stocks in this industry, AG did better than 69% of them.
AG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AG is lagging the market slightly.
In the last month AG has a been trading in the 5.25 - 8.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
AG Weekly chart
AG Daily chart
Setup Rating and Analysis

2

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.

Support and Resistance Analysis

4.53

6.92

We found 3 important support areas.

  • A support zone ranging from 6.76 to 6.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 5.94 to 6.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @4.58 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 6.78 to 6.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.54
Mansfield0.78
10 Day High8.44
10 Day Low6.71
20 Day High8.44
20 Day Low5.25
52 Week High8.44
52 Week Low4.17
Performance
1 Week-14.95%
2 Weeks-9.73%
1 Month21.33%
3 Month43.74%
6 Month21.54%
12 Month-5.58%
2 Year-34.27%
3 Year-55.14%
5 Year10.26%
10 Year-28.74%
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)-0.11
RSI(14)53.27
LBB6.17
UBB8.51
AG Daily chart

FIRST MAJESTIC SILVER CORP

NYSE:AG (4/18/2024, 7:04:00 PM)

After market: 6.72 -0.05 (-0.74%)

6.77

-0.07 (-1.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.02%
1 Week-14.95%
2 Weeks-9.73%
1 Month21.33%
3 Month43.74%
6 Month21.54%
12 Month-5.58%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.56
ATR(20)%7.15%
ATR Inc
Range Today0.35
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.44
10 Day Low6.71
20 Day High8.44
20 Day Low5.25
52 Week High8.44
52 Week Low4.17
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume7.10M
Volume Incr21.63%
Vol(5)13.66M
Vol(50)9.40M