MAG SILVER CORP (MAG.CA) Stock Technical Analysis
TSX:MAG - Toronto Stock Exchange - CA55903Q1046 - Common Stock - Currency: CAD
Overall MAG gets a technical rating of 10 out of 10. Both in the recent history as in the last year, MAG 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, MAG did better than 90% of all other stocks. On top of that, MAG also shows a nice and consistent pattern of rising prices.
MAG is part of the Metals & Mining industry. There are 808 other stocks in this industry. MAG outperforms 77% of them.
MAG is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MAG is leading the market.
In the last month MAG has a been trading in the 25.11 - 29.83 range, which is quite wide. It is currently trading near the high of this range.
MAG has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
20.28
29.87
3 important support areas can be observed.
- A support zone ranging from 29.08 to 29.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.36 from a horizontal line in the daily time frame.
- Support @20.48 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 29.13 to 29.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 MAG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MAG.CA is up. |
| ChartMill Relative Strength | 90.5 | POSITIVE | MAG.CA has a high relative strength, it outperformed 90.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MAG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MAG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MAG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.16 | OVERBOUGHT | The high RSI value suggests MAG.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests MAG.CA has a negative trend. |
| Stochastics (14,3) | 82.22 | OVERBOUGHT | The high Stochastics value suggests MAG.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for MAG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 42.93 | POSITIVE | The high ADX value value for MAG.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:MAG (6/20/2025, 7:00:00 PM)
29.09
-0.05 (-0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.17%
1 Week-0.14%
2 Weeks0.21%
1 Month13.59%
3 Month28.43%
6 Month46.4%
12 Month76.2%
2 Year97.22%
3 Year85.17%
5 Year51.83%
10 Year197.14%
15 Year342.77%
Volatility
ATR(14)0.67
ATR(20)%2.31%
ATR Inc-3.57%
Range Today0.7
ADR(20)0.62
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.5
Mansfield3.2
10 Day High29.83
10 Day Low28.64
20 Day High29.83
20 Day Low25.11
52 Week High29.83
52 Week Low15.64
CS1 End29.08
CR1 Start29.13
Volume & EV
DER(3)-4.51%
DER(5)0.55%
Volume392.34K
Volume Incr-24.48%
Vol(5)269.27K
Vol(50)328.99K