(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 2024-11-06 View latest technical analysis
10 day averaged volume of First Majestic is 9801710
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 6.56 | 6.46 | 6.75 | 6.37 | 1.436 times |
| 05 Tue Nov 2024 | 6.90 | 7.05 | 7.15 | 6.86 | 0.734 times |
| 04 Mon Nov 2024 | 7.00 | 7.27 | 7.27 | 6.94 | 0.749 times |
| 01 Fri Nov 2024 | 7.18 | 7.47 | 7.53 | 7.17 | 0.952 times |
| 31 Thu Oct 2024 | 7.38 | 7.46 | 7.46 | 7.17 | 1.42 times |
| 30 Wed Oct 2024 | 7.69 | 7.77 | 7.81 | 7.53 | 0.966 times |
| 29 Tue Oct 2024 | 7.94 | 7.79 | 8.06 | 7.76 | 0.942 times |
| 28 Mon Oct 2024 | 7.66 | 7.58 | 7.77 | 7.58 | 0.748 times |
| 25 Fri Oct 2024 | 7.67 | 7.75 | 7.84 | 7.53 | 0.968 times |
| 24 Thu Oct 2024 | 7.82 | 7.89 | 7.95 | 7.55 | 1.277 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6.6, but if it comes above 6.6, then a intra day buy could be more profitable.
If you take a sell trade below 6.6, then use 6.6 as stoploss and 6 as target. However if you take a buy trade in stock , then use 6.6 as stoploss and 7.17 as target.
Share price targets for First Majestic (AG)
| Target Type | Value |
| Downside Target | 4.43 |
| Downside Target | 4.59 |
| Downside Target | 5.67 |
| Downside Target | 5.95 |
| Downside Target | 6.25 |
| Upside Target | 6.60 |
| Upside Target | 6.88 |
| Upside Target | 7.17 |
| Upside Target | 7.37 |
| Upside Target | 7.41 |
| Upside Target | 7.53 |
| Upside Target | 8.01 |
| Upside Target | 8.06 |
Intraday share price targets for First Majestic (AG)
| Target Type | Value |
| Downside Intraday Target | 6.2 |
| Downside Intraday Target | 5.83 |
| Upside Intraday Target | 7.1 |
| Upside Intraday Target | 7.63 |
| Upside Intraday Target | 6.73 |
Weekly technical analysis of First Majestic (AG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 6.56 | 7.27 | 7.27 | 6.37 | 0.581 times |
| 01 Fri Nov 2024 | 7.18 | 7.58 | 8.06 | 7.17 | 0.735 times |
| 25 Fri Oct 2024 | 7.67 | 7.72 | 8.01 | 7.41 | 1.365 times |
| 18 Fri Oct 2024 | 7.30 | 6.43 | 7.37 | 6.25 | 1.169 times |
| 11 Fri Oct 2024 | 6.52 | 6.33 | 6.71 | 6.03 | 0.775 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 |
| 06 Wed Nov 2024 | 6.56 | 7.47 | 7.53 | 6.37 | 0.158 times |
| 31 Thu Oct 2024 | 7.38 | 6.09 | 8.06 | 6.01 | 1.002 times |
| 30 Mon Sep 2024 | 6.00 | 5.48 | 6.60 | 4.59 | 1.599 times |
| 30 Fri Aug 2024 | 5.59 | 5.75 | 5.95 | 4.43 | 1.315 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 but the sell signal is initial and weak.
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 in or below the green 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
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 7.37 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 but the sell signal is initial and weak.
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 in or below the green 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
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 7.37 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.