Technical Analysis for 0QYC - First Majestic Silver Corp

Grade Last Price % Change Price Change
B 9.33 0.20% 0.02
0QYC closed up 0.2 percent on Friday, April 26, 2024, on 7 percent of normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: May 2
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong N/A Up Down

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Doji - Bearish? Reversal 0.00%
Multiple of Ten Bearish Other 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
20 DMA Resistance Bearish 0.20%
Shooting Star Candlestick Bearish 0.20%
Lizard Bearish Bearish Day Trade Setup 0.20%

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Profile

First Majestic Silver Corp Description

First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in North America. Its projects include the San Dimas mine that consists of 119 individual concessions covering an area of 71,839 hectares located in Durango and Sinaloa States, México; the Santa Elena comprising 32 individual concessions that covers an area of 102,172 hectares located in Sonora State, México; and the La Encantada consists of 22 exploitation concessions covering an area of 4,076 hectares located in Coahuila State, México. The company was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006. First Majestic Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.


Classification

Is 0QYC 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 12.01
52 Week Low 5.749
Average Volume 15,323
200-Day Moving Average 0.00
50-Day Moving Average 7.96
20-Day Moving Average 9.79
10-Day Moving Average 9.46
Average True Range 1.46
RSI (14) 53.27
ADX 37.18
+DI 7.20
-DI 8.07
Chandelier Exit (Long, 3 ATRs) 6.84
Chandelier Exit (Short, 3 ATRs) 11.68
Upper Bollinger Bands 11.54
Lower Bollinger Band 8.04
Percent B (%b) 0.37
BandWidth 35.76
MACD Line 0.35
MACD Signal Line 0.56
MACD Histogram -0.2093
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.19
Resistance 3 (R3) 12.51 11.87 11.71
Resistance 2 (R2) 11.87 11.15 11.71 11.56
Resistance 1 (R1) 10.60 10.70 10.29 10.29 11.40
Pivot Point 9.97 9.97 9.81 9.81 9.97
Support 1 (S1) 8.70 9.24 8.38 8.38 7.27
Support 2 (S2) 8.06 8.79 7.91 7.11
Support 3 (S3) 6.80 8.06 6.95
Support 4 (S4) 6.48