(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 2024-08-27 View latest technical analysis
10 day averaged volume of First Majestic is 6038340
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 5.79 | 5.72 | 5.80 | 5.68 | 0.678 times |
| 26 Mon Aug 2024 | 5.81 | 5.90 | 5.92 | 5.76 | 0.86 times |
| 23 Fri Aug 2024 | 5.78 | 5.77 | 5.84 | 5.65 | 0.816 times |
| 22 Thu Aug 2024 | 5.68 | 5.75 | 5.79 | 5.63 | 0.69 times |
| 21 Wed Aug 2024 | 5.85 | 5.76 | 5.88 | 5.69 | 0.805 times |
| 20 Tue Aug 2024 | 5.76 | 5.87 | 5.95 | 5.71 | 1.009 times |
| 19 Mon Aug 2024 | 5.77 | 5.55 | 5.78 | 5.53 | 1.211 times |
| 16 Fri Aug 2024 | 5.55 | 5.53 | 5.62 | 5.44 | 1.27 times |
| 15 Thu Aug 2024 | 5.50 | 5.47 | 5.56 | 5.33 | 1.155 times |
| 14 Wed Aug 2024 | 5.36 | 5.32 | 5.38 | 5.22 | 1.027 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 5.8 as stoploss in an intra day sell trade for a target of 5.43. However, stock will show a bullish move above 5.8.
Share price targets for First Majestic (AG)
| Target Type | Value |
| Downside Target | 4.43 |
| Downside Target | 4.88 |
| Downside Target | 5.01 |
| Downside Target | 5.11 |
| Downside Target | 5.53 |
| Upside Target | 5.83 |
| Upside Target | 5.98 |
| Upside Target | 6.28 |
| Upside Target | 6.58 |
| Upside Target | 6.88 |
| 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 | 5.67 |
| Downside Intraday Target | 5.56 |
| Upside Intraday Target | 5.91 |
| Upside Intraday Target | 6.04 |
| Upside Intraday Target | 5.8 |
Weekly technical analysis of First Majestic (AG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 5.79 | 5.90 | 5.92 | 5.68 | 0.339 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 |
| 09 Fri Aug 2024 | 5.03 | 4.50 | 5.11 | 4.43 | 0.72 times |
| 02 Fri Aug 2024 | 5.06 | 5.89 | 6.28 | 4.88 | 1.923 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 |
| 27 Tue Aug 2024 | 5.79 | 5.75 | 5.95 | 4.43 | 1.142 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 |
| 31 Fri May 2024 | 7.16 | 6.73 | 8.09 | 6.58 | 0.656 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of First Majestic ( (AG) ) based on a short 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 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 neutral. A longer time frame might give a better analysis.
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 coming down
CCI has generated a SELL signal for First Majestic in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 5.67 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of First Majestic ( (AG) ) based on a short 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 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 neutral. A longer time frame might give a better analysis.
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 coming down
CCI has generated a SELL signal for First Majestic in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 5.67 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.