MAG Silver Corp (MAG.CA) Technical Analysis
TSX:MAG • CA55903Q1046
Current stock price
MAG.CA Technical Rating and Analysis
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.
- When comparing the yearly performance of all stocks, we notice that MAG is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by MAG over the past year are nicely spread over this period.
- MAG is one of the better performing stocks in the Metals & Mining industry, it outperforms 72% of 801 stocks in the same industry.
- A new 52 week high is currently being made by MAG, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month MAG has a been trading in the 30.88 - 34.98 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
MAG.CA Weekly and Daily overview Charts
MAG.CA Setup Rating and Analysis
Although MAG 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.
More info and screens
MAG.CA Support and Resistance Analysis
21.65
4 important support areas can be observed.
- A support zone ranging from 30.53 to 31.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.44 from a horizontal line in the daily time frame.
- Support @22.36 from a horizontal line in the daily time frame.
- Support @21.87 from a trend line in the weekly time frame.
MAG.CA Technical Indicator Signal Analysis
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 | 87.93 | POSITIVE | MAG.CA has a high relative strength, it outperformed 87.93% 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) | 70.31 | OVERBOUGHT | The high RSI value suggests MAG.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests MAG.CA has a positive trend. |
| Stochastics (14,3) | 73.85 | NEUTRAL | The Stochastics value for MAG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for MAG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 39.24 | POSITIVE | The high ADX value value for MAG.CA suggests a strong trend. |
MAG.CA Chart- and CandleStick Pattern Analysis
MAG.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:MAG (9/5/2025, 7:00:00 PM)
34.38
+0.97 (+2.9%)
MAG Silver Corp / MAG.CA TA FAQ
Can you provide the ChartMill technical rating for MAG Silver Corp?
ChartMill assigns a technical rating of 10 / 10 to MAG.CA.
What is the current trend direction of MAG Silver Corp (MAG.CA) stock?
The current trend direction for MAG Silver Corp (MAG.CA) is Bullish.
What is the RSI signal for MAG Silver Corp (MAG.CA) stock?
MAG Silver Corp (MAG.CA) has an RSI value of 70.3073. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for MAG Silver Corp?
The buy/sell signal for MAG Silver Corp (MAG.CA) is buy as both the short term and long term trends are positive.
What is the support and resistance level for MAG stock?
MAG Silver Corp (MAG.CA) has a support level at 31.14. Check the full technical report for our detailed analysis of MAG.CA support and resistance levels.