FIRST MAJESTIC SILVER CORP (FMV.DE) Stock Technical Analysis
Europe • Frankfurt Stock Exchange • FRA:FMV • CA32076V1031
We assign a technical rating of 10 out of 10 to FMV. Both in the recent history as in the last year, FMV has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, FMV did better than 99% of all other stocks. On top of that, FMV also shows a nice and consistent pattern of rising prices.
- FMV is one of the better performing stocks in the Metals & Mining industry, it outperforms 95% of 42 stocks in the same industry.
- FMV 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 FMV is lagging the market slightly.
- In the last month FMV has a been trading in the 16.11 - 23.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, FMV also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 17.36, a Stop Loss order could be placed below this zone.
More info and screens
11.28
3 important support areas can be observed.
- A support zone ranging from 17.26 to 17.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @11.77 from a trend line in the weekly time frame.
- Support @11.39 from a trend 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 FMV.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FMV.DE is up. |
| ChartMill Relative Strength | 99.3 | POSITIVE | FMV.DE has a high relative strength, it outperformed 99.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FMV.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FMV.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FMV.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.9 | NEUTRAL | The RSI value for FMV.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests FMV.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.43 | NEUTRAL | The Stochastics value for FMV.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 8.05 | HIGH VOLATILITY | The high ATR as a percentage value for FMV.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 22.52 | NEUTRAL | The ADX value for FMV.DE suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 22.76 | 17.25 | 5.51 (24.21%) | 4.13% |
| An entry @22.76. This is a Buy Stop order right above the 10 day high. | An exit @17.25. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.51 points, which is 24.21%. | When investing 4.13% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:FMV (2/10/2026, 7:00:00 PM)
20.04
+0.22 (+1.14%)
FIRST MAJESTIC SILVER CORP / FMV.DE FAQ
Can you provide the ChartMill technical rating for FIRST MAJESTIC SILVER CORP?
ChartMill assigns a technical rating of 10 / 10 to FMV.DE.
What is the trend direction for FMV stock?
The current trend direction for FIRST MAJESTIC SILVER CORP (FMV.DE) is Bullish.
What is the RSI signal for FIRST MAJESTIC SILVER CORP (FMV.DE) stock?
FIRST MAJESTIC SILVER CORP (FMV.DE) has an RSI value of 57.8955. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for FIRST MAJESTIC SILVER CORP?
The buy/sell signal for FIRST MAJESTIC SILVER CORP (FMV.DE) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for FIRST MAJESTIC SILVER CORP?
FIRST MAJESTIC SILVER CORP (FMV.DE) has a support level at 17.36. Check the full technical report for our detailed analysis of FMV.DE support and resistance levels.