FIRST MAJESTIC SILVER CORP (FMV.DE) Stock Technical Analysis
Europe - FRA:FMV - CA32076V1031 - Common Stock
Overall FMV gets a technical rating of 8 out of 10. In the last year, FMV was one of the better performers, but we do observe some doubts in the very recent evolution.
FMV 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
5.33
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.40 to 9.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.21 from a horizontal line in the daily time frame.
- Support @5.38 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @10.90 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 FMV.DE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FMV.DE is neutral. |
| ChartMill Relative Strength | 96.29 | POSITIVE | FMV.DE has a high relative strength, it outperformed 96.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FMV.DE is below a declining 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) | 48.96 | NEUTRAL | The RSI value for FMV.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests FMV.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 69.08 | NEUTRAL | The Stochastics value for FMV.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 6.94 | HIGH VOLATILITY | The high ATR as a percentage value for FMV.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 20.24 | NEUTRAL | The ADX value for FMV.DE suggests a possible start of a new trend. |
FRA:FMV (11/14/2025, 7:00:00 PM)
10.45
-0.21 (-1.92%)
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 8 / 10 to FMV.DE.
What is the current trend direction of FIRST MAJESTIC SILVER CORP (FMV.DE) 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 48.9572. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FIRST MAJESTIC SILVER CORP?
The MACD indicator for FIRST MAJESTIC SILVER CORP (FMV.DE) has a value of -0.0455951, indicating a bearish trend.