(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 2024-02-28 View latest technical analysis
10 day averaged volume of First Majestic is 7117600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 4.43 | 4.55 | 4.55 | 4.37 | 0.717 times |
| 27 Tue Feb 2024 | 4.59 | 4.64 | 4.67 | 4.57 | 0.586 times |
| 26 Mon Feb 2024 | 4.60 | 4.61 | 4.63 | 4.46 | 0.922 times |
| 23 Fri Feb 2024 | 4.65 | 4.46 | 4.67 | 4.29 | 1.065 times |
| 22 Thu Feb 2024 | 4.48 | 4.48 | 4.71 | 4.43 | 1.428 times |
| 21 Wed Feb 2024 | 4.45 | 4.50 | 4.52 | 4.40 | 0.821 times |
| 20 Tue Feb 2024 | 4.53 | 4.60 | 4.62 | 4.45 | 0.813 times |
| 16 Fri Feb 2024 | 4.55 | 4.51 | 4.63 | 4.46 | 0.939 times |
| 15 Thu Feb 2024 | 4.52 | 4.39 | 4.55 | 4.39 | 1.126 times |
| 14 Wed Feb 2024 | 4.29 | 4.26 | 4.33 | 4.18 | 0.812 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 4.4 as stoploss in an intra day buy trade for a target of 4.57. However, stock will show a bearish move below 4.4.
Share price targets for First Majestic (AG)
| Target Type | Value |
| Downside Target | 4.17 |
| Downside Target | 4.29 |
| Upside Target | 4.54 |
| Upside Target | 4.67 |
| Upside Target | 4.84 |
| Upside Target | 4.93 |
| Upside Target | 5.42 |
| Upside Target | 5.90 |
| Upside Target | 5.98 |
| Upside Target | 6.19 |
| Upside Target | 6.61 |
Intraday share price targets for First Majestic (AG)
| Target Type | Value |
| Downside Intraday Target | 4.31 |
| Downside Intraday Target | 4.19 |
| Upside Intraday Target | 4.61 |
| Upside Intraday Target | 4.79 |
| Upside Intraday Target | 4.49 |
Weekly technical analysis of First Majestic (AG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 4.43 | 4.61 | 4.67 | 4.37 | 0.539 times |
| 23 Fri Feb 2024 | 4.65 | 4.60 | 4.71 | 4.29 | 0.821 times |
| 16 Fri Feb 2024 | 4.55 | 4.62 | 4.68 | 4.17 | 1.497 times |
| 09 Fri Feb 2024 | 4.58 | 4.67 | 4.79 | 4.54 | 0.449 times |
| 02 Fri Feb 2024 | 4.80 | 4.91 | 4.93 | 4.54 | 1.663 times |
Price has moved down 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 |
| 28 Wed Feb 2024 | 4.43 | 4.68 | 4.93 | 4.17 | 0.692 times |
| 31 Wed Jan 2024 | 4.62 | 6.13 | 6.19 | 4.54 | 1.359 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 |
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 neutral. A longer time frame might give a better analysis.
Price action analysis of First Majestic ( (AG) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for First Majestic stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for First Majestic in short term but the buy signal is initial and weak.
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 tired and bears 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 BUY signal in short term but buying 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 4.51 and First Majestic (AG) stock is trading below this level. This means that stock is falling with high volumes. 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 neutral. A longer time frame might give a better analysis.
Price action analysis of First Majestic ( (AG) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for First Majestic stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for First Majestic in short term but the buy signal is initial and weak.
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 tired and bears 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 BUY signal in short term but buying 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 4.51 and First Majestic (AG) stock is trading below this level. This means that stock is falling with high volumes. 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.