(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 2024-07-10 View latest technical analysis
10 day averaged volume of First Majestic is 4268570
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Wed Jul 2024 | 6.52 | 6.41 | 6.59 | 6.37 | 1.181 times |
| 09 Tue Jul 2024 | 6.32 | 6.56 | 6.58 | 6.27 | 1.207 times |
| 08 Mon Jul 2024 | 6.54 | 6.31 | 6.64 | 6.30 | 1.264 times |
| 05 Fri Jul 2024 | 6.40 | 6.36 | 6.51 | 6.27 | 1.457 times |
| 03 Wed Jul 2024 | 6.23 | 6.06 | 6.36 | 6.05 | 1.099 times |
| 03 Wed Jul 2024 | 6.23 | 6.06 | 6.36 | 6.05 | 1.099 times |
| 02 Tue Jul 2024 | 5.85 | 5.82 | 5.94 | 5.73 | 1.125 times |
| 01 Mon Jul 2024 | 5.76 | 5.93 | 6.01 | 5.76 | 0.652 times |
| 28 Fri Jun 2024 | 5.92 | 6.06 | 6.09 | 5.83 | 0.743 times |
| 27 Thu Jun 2024 | 5.95 | 6.02 | 6.08 | 5.94 | 0.653 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 6.6, for a target of 6.4 or 6.14
Share price targets for First Majestic (AG)
| Target Type | Value |
| Downside Target | 4.44 |
| Downside Target | 5.73 |
| Downside Target | 6.26 |
| Downside Target | 6.40 |
| Downside Target | 6.51 |
| Upside Target | 6.58 |
| Upside Target | 6.64 |
| Upside Target | 7.23 |
| Upside Target | 8.09 |
| Upside Target | 8.44 |
Intraday share price targets for First Majestic (AG)
| Target Type | Value |
| Downside Intraday Target | 6.31 |
| Downside Intraday Target | 6.11 |
| Upside Intraday Target | 6.68 |
| Upside Intraday Target | 6.85 |
| Downside Intraday Target | 6.48 |
Weekly technical analysis of First Majestic (AG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Wed Jul 2024 | 6.52 | 6.31 | 6.64 | 6.27 | 1.429 times |
| 05 Fri Jul 2024 | 6.40 | 6.06 | 6.51 | 6.05 | 0.889 times |
| 03 Wed Jul 2024 | 6.23 | 5.93 | 6.36 | 5.73 | 0.777 times |
| 28 Fri Jun 2024 | 5.92 | 6.19 | 6.26 | 5.83 | 0.948 times |
| 21 Fri Jun 2024 | 6.15 | 6.06 | 6.40 | 5.98 | 2.219 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 |
| 10 Wed Jul 2024 | 6.52 | 5.93 | 6.64 | 5.73 | 0.374 times |
| 28 Fri Jun 2024 | 5.92 | 7.16 | 7.23 | 5.83 | 0.585 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 |
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 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.
Price action analysis of First Majestic ( (AG) ) based on a short 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.
Price action analysis of First Majestic ( (AG) ) based on a short to mid 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.
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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for First Majestic in short term but the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 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 6.22 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of First Majestic ( (AG) ) based on a short 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.
Price action analysis of First Majestic ( (AG) ) based on a short to mid 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.
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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for First Majestic in short term but the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 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 6.22 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.