Technical Analysis for FR - First Majestic Silver Corp.

Grade Last Price % Change Price Change
C 8.050 2.03% 0.160
FR closed up 2.03 percent on Tuesday, November 28, 2023, on approximately normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up

Date Alert Name Type % Chg
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Doji - Bearish? Reversal 2.03%
Gapped Up Strength 2.03%
Overbought Stochastic Strength 2.03%
Stochastic Sell Signal Bearish 5.50%
Overbought Stochastic Strength 5.50%
NR7 Range Contraction 8.20%
Narrow Range Bar Range Contraction 8.20%

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Alert Time
1.5x Volume Pace about 23 hours ago
Upper Bollinger Band Resistance about 24 hours ago
Rose Above Previous Day's High about 24 hours ago
Up 1% about 24 hours ago
Upper Bollinger Band Resistance 2 days ago

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Profile

First Majestic Silver Corp. Description

First Majestic Silver Corp. is a mining company. The Company is focused on silver production in Mexico and it is pursuing the development of its existing mineral property assets. The Company operates through eight segments, six of which are located in Mexico; one retail market segment in Canada, and one metal trading segment in Europe. Its segments in Mexico are Santa Elena, La Encantada, La Parrilla, Del Toro, San Martin and La Guitarra. Its segment in Canada is Coins and Bullion Sales, and the segment in Europe is Silver Sales. The Company owns and operates approximately six producing silver mines: the La Encantada Silver Mine, La Parrilla Silver Mine, Del Toro Silver Mine, San Martin Silver Mine, La Guitarra Silver Mine and Santa Elena Silver Mine. The Company's subsidiaries include First Majestic Plata, S.A. de C.V., Minera El Pilon, S.A. de C.V., Minera La Encantada, S.A. de C.V., Majestic Services, S.A. de C.V., Santa Elena Oro y Plata, S.A. de C.V. and FMS Trading AG.


Classification

Sector: Basic Materials
Industry: Silver
Keywords: Mining Mineral Metal Silver Retail Mines Bullion Coin Retail Market Coins

Is FR a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 12.9629
52 Week Low 6.0439
Average Volume 692,232
200-Day Moving Average 8.169
50-Day Moving Average 7.095
20-Day Moving Average 6.996
10-Day Moving Average 7.464
Average True Range 0.334
RSI (14) 66.78
ADX 20.09
+DI 34.979
-DI 17.873
Chandelier Exit (Long, 3 ATRs) 7.049
Chandelier Exit (Short, 3 ATRs) 7.045
Upper Bollinger Bands 8.113
Lower Bollinger Band 5.879
Percent B (%b) 0.97
BandWidth 31.924
MACD Line 0.187
MACD Signal Line 0.043
MACD Histogram 0.144
Fundamentals Value
Market Cap 1.78 Billion
Num Shares 221 Million
EPS -0.86
Price-to-Earnings (P/E) Ratio -9.36
Price-to-Sales 6.64
Price-to-Book 3.01
PEG Ratio 2.26
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.395
Resistance 3 (R3) 8.357 8.203 8.338
Resistance 2 (R2) 8.203 8.115 8.223 8.318
Resistance 1 (R1) 8.127 8.061 8.165 8.165 8.299
Pivot Point 7.973 7.973 7.993 7.993 7.973
Support 1 (S1) 7.897 7.885 7.935 7.935 7.801
Support 2 (S2) 7.743 7.831 7.763 7.782
Support 3 (S3) 7.667 7.743 7.763
Support 4 (S4) 7.705