(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 2024-05-28 View latest technical analysis
10 day averaged volume of First Majestic is 8937600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 7.61 | 7.55 | 7.66 | 7.35 | 0.745 times |
| 24 Fri May 2024 | 7.17 | 7.13 | 7.26 | 7.05 | 0.595 times |
| 23 Thu May 2024 | 7.04 | 7.19 | 7.31 | 7.00 | 0.946 times |
| 22 Wed May 2024 | 7.21 | 7.53 | 7.55 | 7.17 | 1.028 times |
| 21 Tue May 2024 | 7.64 | 7.87 | 7.90 | 7.54 | 1.174 times |
| 20 Mon May 2024 | 7.98 | 8.04 | 8.09 | 7.75 | 1.359 times |
| 17 Fri May 2024 | 7.94 | 7.69 | 7.96 | 7.40 | 1.977 times |
| 16 Thu May 2024 | 7.43 | 7.34 | 7.47 | 7.26 | 0.562 times |
| 15 Wed May 2024 | 7.46 | 7.44 | 7.58 | 7.16 | 0.973 times |
| 14 Tue May 2024 | 7.28 | 7.23 | 7.32 | 7.04 | 0.754 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7.6, but if it comes below 7.6, then a intra day sell could be more profitable.
If you take a sell trade below 7.6, then use 7.6 as stoploss and 7.25 as target. However if you take a buy trade in stock , then use 7.6 as stoploss and 8.1 as target.
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 | 7.35 |
| Upside Target | 7.66 |
| Upside Target | 7.96 |
| Upside Target | 8.09 |
| Upside Target | 8.44 |
Intraday share price targets for First Majestic (AG)
| Target Type | Value |
| Downside Intraday Target | 7.42 |
| Downside Intraday Target | 7.23 |
| Upside Intraday Target | 7.73 |
| Upside Intraday Target | 7.85 |
| Downside Intraday Target | 7.54 |
Weekly technical analysis of First Majestic (AG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 7.61 | 7.55 | 7.66 | 7.35 | 0.146 times |
| 24 Fri May 2024 | 7.17 | 8.04 | 8.09 | 7.00 | 1.042 times |
| 17 Fri May 2024 | 7.94 | 7.25 | 7.96 | 7.02 | 0.91 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 |
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 |
| 28 Tue May 2024 | 7.61 | 6.73 | 8.09 | 6.58 | 0.6 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 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 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 short to mid 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 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 SELL signal for First Majestic in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 7.56 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 positive
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 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 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 short to mid 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 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 SELL signal for First Majestic in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 7.56 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.