MAG Silver Corp (MAG.CA) Technical Analysis
TSX:MAG • CA55903Q1046
Current stock price
MAG.CA Technical Rating and Analysis
Taking everything into account, MAG scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MAG is showing a nice and steady performance.
- 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. 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 795 other stocks in this industry. MAG outperforms 70% of them.
- A new 52 week high is currently being made by MAG, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so MAG is leading the market.
- 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 present a decent entry opportunity 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.
Can you provide the trend direction for MAG Silver Corp?
The current trend direction for MAG Silver Corp (MAG.CA) is Bullish.
Can you provide the RSI signal for MAG Silver Corp?
MAG Silver Corp (MAG.CA) has an RSI value of 70.3073. This indicates that the stock is currently overbought.
What is the MACD signal for MAG stock?
The MACD indicator for MAG Silver Corp (MAG.CA) has a value of 0.0821696, indicating a bearish trend.
Can you provide the support and resistance levels for MAG Silver Corp?
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.