(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 2024-06-07 View latest technical analysis
10 day averaged volume of First Majestic is 6125740
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 6.33 | 6.55 | 6.57 | 6.27 | 1.42 times |
| 06 Thu Jun 2024 | 6.85 | 6.74 | 6.94 | 6.68 | 1.109 times |
| 05 Wed Jun 2024 | 6.71 | 6.70 | 6.76 | 6.51 | 1.127 times |
| 04 Tue Jun 2024 | 6.65 | 6.92 | 6.96 | 6.62 | 1.343 times |
| 03 Mon Jun 2024 | 7.09 | 7.16 | 7.23 | 7.04 | 0.628 times |
| 31 Fri May 2024 | 7.16 | 7.28 | 7.45 | 7.11 | 0.801 times |
| 30 Thu May 2024 | 7.22 | 7.22 | 7.46 | 7.16 | 0.828 times |
| 29 Wed May 2024 | 7.26 | 7.41 | 7.50 | 7.26 | 0.831 times |
| 28 Tue May 2024 | 7.61 | 7.55 | 7.66 | 7.35 | 1.087 times |
| 24 Fri May 2024 | 7.17 | 7.13 | 7.26 | 7.05 | 0.867 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 6.4, for a target of 6.8 or 7.22
Share price targets for First Majestic (AG)
| Target Type | Value |
| Downside Target | 4.17 |
| Downside Target | 4.44 |
| Downside Target | 4.93 |
| Downside Target | 5.93 |
| Downside Target | 6.27 |
| Upside Target | 6.58 |
| Upside Target | 6.91 |
| 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 | 5.99 |
| Downside Intraday Target | 5.65 |
| Upside Intraday Target | 6.95 |
| Upside Intraday Target | 7.57 |
| Upside Intraday Target | 6.61 |
Weekly technical analysis of First Majestic (AG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 6.33 | 7.16 | 7.23 | 6.27 | 1.586 times |
| 31 Fri May 2024 | 7.16 | 7.55 | 7.66 | 7.11 | 0.476 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of First Majestic (AG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 6.33 | 7.16 | 7.23 | 6.27 | 0.195 times |
| 31 Fri May 2024 | 7.16 | 6.73 | 8.09 | 6.58 | 0.656 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 |
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 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 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 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 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 SELL. Signal strength is Strong and stock is gaining 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 and selling is picking up 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 6.95 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 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 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 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 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 SELL. Signal strength is Strong and stock is gaining 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 and selling is picking up 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 6.95 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.