(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 2024-09-04 View latest technical analysis
10 day averaged volume of First Majestic is 5078766
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 5.29 | 5.25 | 5.43 | 5.21 | 1.393 times |
| 03 Tue Sep 2024 | 5.28 | 5.48 | 5.55 | 5.20 | 1.533 times |
| 30 Fri Aug 2024 | 5.59 | 5.57 | 5.62 | 5.54 | 0.795 times |
| 30 Fri Aug 2024 | 5.59 | 5.57 | 5.62 | 5.54 | 0.795 times |
| 29 Thu Aug 2024 | 5.59 | 5.61 | 5.68 | 5.57 | 1.007 times |
| 28 Wed Aug 2024 | 5.54 | 5.60 | 5.64 | 5.45 | 1.294 times |
| 27 Tue Aug 2024 | 5.79 | 5.72 | 5.80 | 5.68 | 0.807 times |
| 26 Mon Aug 2024 | 5.81 | 5.90 | 5.92 | 5.76 | 1.022 times |
| 23 Fri Aug 2024 | 5.78 | 5.77 | 5.84 | 5.65 | 0.97 times |
| 22 Thu Aug 2024 | 5.68 | 5.75 | 5.79 | 5.63 | 0.82 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 5.2 as stoploss in an intra day buy trade for a target of 5.51. However, stock will show a bearish move below 5.2.
Share price targets for First Majestic (AG)
| Target Type | Value |
| Downside Target | 4.43 |
| Downside Target | 5.01 |
| Downside Target | 5.20 |
| Upside Target | 5.45 |
| Upside Target | 5.83 |
| Upside Target | 5.92 |
| Upside Target | 5.95 |
| Upside Target | 6.58 |
| Upside Target | 6.88 |
| Upside Target | 7.23 |
| Upside Target | 8.09 |
Intraday share price targets for First Majestic (AG)
| Target Type | Value |
| Downside Intraday Target | 5.14 |
| Downside Intraday Target | 5 |
| Upside Intraday Target | 5.49 |
| Upside Intraday Target | 5.7 |
| Upside Intraday Target | 5.35 |
Weekly technical analysis of First Majestic (AG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 5.29 | 5.48 | 5.55 | 5.20 | 3.68 times |
| 30 Fri Aug 2024 | 5.59 | 5.57 | 5.62 | 5.54 | 0.161 times |
| 30 Fri Aug 2024 | 5.59 | 5.90 | 5.92 | 5.45 | 0.914 times |
| 23 Fri Aug 2024 | 5.78 | 5.55 | 5.95 | 5.53 | 0.769 times |
| 16 Fri Aug 2024 | 5.55 | 5.15 | 5.62 | 5.01 | 1.174 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 |
| 04 Wed Sep 2024 | 5.29 | 5.48 | 5.55 | 5.20 | 0.099 times |
| 30 Fri Aug 2024 | 5.59 | 5.75 | 5.95 | 4.43 | 1.315 times |
| 31 Wed Jul 2024 | 6.18 | 5.93 | 6.88 | 5.67 | 1.102 times |
| 28 Fri Jun 2024 | 5.92 | 7.16 | 7.23 | 5.83 | 0.585 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 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 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 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 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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 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 5.56 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 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 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 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 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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 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 5.56 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.