(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 2024-05-15 View latest technical analysis
10 day averaged volume of First Majestic is 7833660
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 7.46 | 7.44 | 7.58 | 7.16 | 1.11 times |
| 14 Tue May 2024 | 7.28 | 7.23 | 7.32 | 7.04 | 0.86 times |
| 13 Mon May 2024 | 7.14 | 7.25 | 7.37 | 7.02 | 0.721 times |
| 10 Fri May 2024 | 7.29 | 7.60 | 7.64 | 7.26 | 1.227 times |
| 09 Thu May 2024 | 7.48 | 7.22 | 7.66 | 7.22 | 1.469 times |
| 08 Wed May 2024 | 7.11 | 7.05 | 7.24 | 6.94 | 0.978 times |
| 07 Tue May 2024 | 7.25 | 7.08 | 7.42 | 7.08 | 1.19 times |
| 06 Mon May 2024 | 7.11 | 6.93 | 7.27 | 6.91 | 1.28 times |
| 03 Fri May 2024 | 6.70 | 6.81 | 6.93 | 6.61 | 0.655 times |
| 02 Thu May 2024 | 6.72 | 6.65 | 6.82 | 6.58 | 0.706 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 7.6, for a target of 7.2 or 6.97
Share price targets for First Majestic (AG)
| Target Type | Value |
| Downside Target | 4.17 |
| Downside Target | 4.44 |
| Downside Target | 4.54 |
| Downside Target | 4.93 |
| Downside Target | 5.93 |
| Downside Target | 6.19 |
| Downside Target | 6.48 |
| Downside Target | 6.91 |
| Downside Target | 7.15 |
| Upside Target | 7.58 |
| Upside Target | 7.66 |
| Upside Target | 7.83 |
| Upside Target | 8.44 |
Intraday share price targets for First Majestic (AG)
| Target Type | Value |
| Downside Intraday Target | 7.13 |
| Downside Intraday Target | 6.79 |
| Upside Intraday Target | 7.69 |
| Upside Intraday Target | 7.91 |
| Downside Intraday Target | 7.35 |
Weekly technical analysis of First Majestic (AG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 7.46 | 7.25 | 7.58 | 7.02 | 0.438 times |
| 10 Fri May 2024 | 7.29 | 6.93 | 7.66 | 6.91 | 1.576 times |
| 03 Fri May 2024 | 6.70 | 7.04 | 7.15 | 6.48 | 0.74 times |
| 26 Fri Apr 2024 | 7.04 | 6.27 | 7.11 | 6.19 | 0.728 times |
| 19 Fri Apr 2024 | 6.73 | 7.59 | 7.83 | 6.71 | 0.747 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 |
| 15 Wed May 2024 | 7.46 | 6.73 | 7.66 | 6.58 | 0.323 times |
| 30 Tue Apr 2024 | 6.67 | 6.09 | 8.44 | 5.98 | 1.642 times |
| 28 Thu Mar 2024 | 5.88 | 4.53 | 5.93 | 4.44 | 1.304 times |
| 29 Thu Feb 2024 | 4.49 | 4.68 | 4.93 | 4.17 | 0.72 times |
Scroll below to view daily charts
Price has moved up 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of First Majestic ( (AG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for First Majestic stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for First Majestic in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
First Majestic Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for First Majestic in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of First Majestic is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.2 and First Majestic (AG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of First Majestic ( (AG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for First Majestic stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for First Majestic in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
First Majestic Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for First Majestic in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of First Majestic is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.2 and First Majestic (AG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.