Stock Trend Analysis Report
Prepared for you on Tuesday, August 11, 2020.
First Majestic Silver Corp (TSE:FR)
Sidelines Mode (+55) - FR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid FR?
MarketClub looks at technical strength and momentum to determine if the timing is right for FR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FR
The long-term trend has been UP since May 19th, 2020 at 13.72
The intermediate-term trend has been UP since Jul 8th, 2020 at 13.55
The short-term trend has been DOWN since Aug 7th, 2020 at 17.51
Smart Scan Analysis for FR
Based on our trend formula, FR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||11.09||Year High Date||2018-07-09|
|Year Low||6.21||Year Low Date||2018-11-28|
|52wk High||11.09||52wk High Date||2018-07-09|
|52wk Low||6.21||52wk Low Date||2018-11-28|
|Year End Close||20.06||Average Volume||687,999|