(AG) First Majestic complete technical analysis [charts+indicators] | Buy/Sell First Majestic | (AG) share price targets
Complete technical analysis of First Majestic (AG) by charts plus indicators, forecast predictions and share price targets for First Majestic (AG)
First Majestic trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-01-24 View latest technical analysis
10 day averaged volume of First Majestic is 8298510
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Jan 2024 | 4.81 | 5.09 | 5.13 | 4.77 | 0.95 times |
| 23 Tue Jan 2024 | 4.94 | 4.96 | 5.03 | 4.80 | 0.695 times |
| 22 Mon Jan 2024 | 4.88 | 4.58 | 4.97 | 4.54 | 0.978 times |
| 19 Fri Jan 2024 | 4.71 | 4.75 | 4.75 | 4.54 | 0.82 times |
| 18 Thu Jan 2024 | 4.65 | 4.72 | 4.73 | 4.58 | 0.965 times |
| 17 Wed Jan 2024 | 4.71 | 5.00 | 5.01 | 4.69 | 1.136 times |
| 16 Tue Jan 2024 | 5.04 | 5.45 | 5.48 | 5.03 | 1.621 times |
| 12 Fri Jan 2024 | 5.60 | 5.59 | 5.81 | 5.56 | 1.106 times |
| 12 Fri Jan 2024 | 5.60 | 5.59 | 5.81 | 5.56 | 1.106 times |
| 11 Thu Jan 2024 | 5.31 | 5.48 | 5.51 | 5.19 | 0.977 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4.9, but if it comes above 4.9, then a intra day buy could be more profitable.
If you take a sell trade below 4.9, then use 4.9 as stoploss and 4.3 as target. However if you take a buy trade in stock , then use 4.9 as stoploss and 5.4 as target.
Share price targets for First Majestic (AG)
| Target Type | Value |
| Downside Target | 4.38 |
| Downside Target | 4.54 |
| Downside Target | 4.81 |
| Upside Target | 5.13 |
| Upside Target | 5.42 |
| Upside Target | 5.81 |
| Upside Target | 5.90 |
| Upside Target | 5.98 |
| Upside Target | 6.19 |
| Upside Target | 6.26 |
| Upside Target | 6.61 |
Intraday share price targets for First Majestic (AG)
| Target Type | Value |
| Downside Intraday Target | 4.52 |
| Downside Intraday Target | 4.24 |
| Upside Intraday Target | 5.11 |
| Upside Intraday Target | 5.42 |
| Upside Intraday Target | 4.83 |
Weekly technical analysis of First Majestic (AG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Jan 2024 | 4.81 | 4.58 | 5.13 | 4.54 | 0.578 times |
| 19 Fri Jan 2024 | 4.71 | 5.45 | 5.48 | 4.54 | 4.105 times |
| 12 Fri Jan 2024 | 5.60 | 5.59 | 5.81 | 5.56 | 0.289 times |
| 12 Fri Jan 2024 | 5.60 | 5.51 | 5.81 | 5.19 | 1.152 times |
| 05 Fri Jan 2024 | 5.57 | 6.13 | 6.19 | 5.50 | 4.264 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of First Majestic (AG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 24 Wed Jan 2024 | 4.81 | 6.13 | 6.19 | 4.54 | 0.993 times |
| 29 Fri Dec 2023 | 6.15 | 5.95 | 6.61 | 5.42 | 0.925 times |
| 30 Thu Nov 2023 | 5.97 | 5.15 | 5.98 | 4.38 | 1.1 times |
| 31 Tue Oct 2023 | 5.15 | 5.02 | 5.90 | 4.84 | 1.286 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of First Majestic (AG)
Price action analysis of First Majestic ( (AG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of First Majestic ( (AG) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of First Majestic ( (AG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of First Majestic ( (AG) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for First Majestic stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for First Majestic in short term and the sell signal is strong.
First Majestic Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for First Majestic in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of First Majestic is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 5.04 and First Majestic (AG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the First Majestic (AG) stock. Volume based technical analysis of First Majestic (AG) stock is negative.
First Majestic Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of First Majestic ( (AG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of First Majestic ( (AG) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of First Majestic ( (AG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of First Majestic ( (AG) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for First Majestic stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for First Majestic in short term and the sell signal is strong.
First Majestic Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for First Majestic in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of First Majestic is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 5.04 and First Majestic (AG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the First Majestic (AG) stock. Volume based technical analysis of First Majestic (AG) stock is negative.
First Majestic Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.