(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 2024-09-13 View latest technical analysis
10 day averaged volume of First Majestic is 9698520
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri Sep 2024 | 6.13 | 5.98 | 6.20 | 5.94 | 1.641 times |
| 12 Thu Sep 2024 | 5.79 | 5.30 | 5.87 | 5.25 | 1.54 times |
| 11 Wed Sep 2024 | 5.17 | 4.80 | 5.18 | 4.73 | 1.407 times |
| 10 Tue Sep 2024 | 4.79 | 4.71 | 4.80 | 4.62 | 0.767 times |
| 09 Mon Sep 2024 | 4.62 | 4.67 | 4.78 | 4.60 | 0.681 times |
| 06 Fri Sep 2024 | 4.63 | 4.95 | 4.96 | 4.59 | 1.514 times |
| 05 Thu Sep 2024 | 4.87 | 5.10 | 5.14 | 4.71 | 1.726 times |
| 04 Wed Sep 2024 | 5.29 | 5.25 | 5.43 | 5.21 | 0.729 times |
| 03 Tue Sep 2024 | 5.28 | 5.48 | 5.55 | 5.20 | 0.803 times |
| 30 Fri Aug 2024 | 5.59 | 5.57 | 5.62 | 5.54 | 0.416 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 5.9, but if it comes below 5.9, then a intra day sell could be more profitable.
If you take a sell trade below 5.9, then use 5.9 as stoploss and 5.47 as target. However if you take a buy trade in stock , then use 5.9 as stoploss and 6.4 as target.
Share price targets for First Majestic (AG)
| Target Type | Value |
| Downside Target | 4.43 |
| Downside Target | 4.59 |
| Downside Target | 5.45 |
| Downside Target | 5.83 |
| Downside Target | 5.95 |
| Upside Target | 6.20 |
| 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 | 5.09 |
| Downside Intraday Target | 4.04 |
| Upside Intraday Target | 6.69 |
| Upside Intraday Target | 7.24 |
| Downside Intraday Target | 5.64 |
Weekly technical analysis of First Majestic (AG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri Sep 2024 | 6.13 | 4.67 | 6.20 | 4.60 | 1.265 times |
| 06 Fri Sep 2024 | 4.63 | 5.48 | 5.55 | 4.59 | 11.46 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 |
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 |
| 13 Fri Sep 2024 | 6.13 | 5.48 | 6.20 | 4.59 | 0.698 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 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 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 to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of First Majestic ( (AG) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for First Majestic stock for short term is BUY. Signal strength is Strong and stock is gaining 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 5.25 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 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 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 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 to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of First Majestic ( (AG) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for First Majestic stock for short term is BUY. Signal strength is Strong and stock is gaining 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 5.25 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.