Technical Analysis for MAG - Mag Silver Corporation

Grade Last Price % Change Price Change
A 17.99 1.30% 0.23
MAG closed up 1.3 percent on Tuesday, October 29, 2024, on 1.35 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: Nov 8
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
NR7 Range Contraction 0.00%
Doji - Bearish? Reversal 0.00%
New 52 Week High Strength 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Wide Bands Range Expansion 1.30%
Overbought Stochastic Strength 1.30%
Wide Bands Range Expansion 3.21%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 5 hours ago
Rose Above Previous Day's High about 10 hours ago
New 52 Week High about 10 hours ago
2x Volume Pace about 10 hours ago
1.5x Volume Pace about 10 hours ago

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Profile

MAG Silver Corp., an exploration and development company, focuses on acquiring, exploring, and development of district scale projects located primarily in the Mexican Silver Belt. It explores for copper, gold, silver, lead, and zinc deposits. The company has 44% interests in the Juanicipio project comprising a single concession covering 7,679.21 hectares located in central Zacatecas State, Mexico. It owns 100% interests in the Cinco de Mayo property consisting of 29 concessions covering an area of 25,113.2049 hectares located in the Municipio de Buenaventura, Chihuahua, Mexico; and the Guigui project covering an area of 8,300 hectares located in the Santa Eulalia Mining District of Chihuahua City, Mexico. MAG Silver Corp. is headquartered in Vancouver, Canada.
Classification

Sector: Basic Materials
Industry: Silver
Keywords: Mining Gold Silver

Is MAG 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 18.27
52 Week Low 8.195
Average Volume 636,264
200-Day Moving Average 12.21
50-Day Moving Average 14.64
20-Day Moving Average 16.19
10-Day Moving Average 17.24
Average True Range 0.62
RSI (14) 74.75
ADX 38.77
+DI 36.32
-DI 10.74
Chandelier Exit (Long, 3 ATRs) 16.41
Chandelier Exit (Short, 3 ATRs) 15.72
Upper Bollinger Bands 18.66
Lower Bollinger Band 13.71
Percent B (%b) 0.86
BandWidth 30.56
MACD Line 0.97
MACD Signal Line 0.84
MACD Histogram 0.1324
Fundamentals Value
Market Cap 1.85 Billion
Num Shares 103 Million
EPS 0.31
Price-to-Earnings (P/E) Ratio 58.03
Price-to-Sales 0.00
Price-to-Book 1.86
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.65
Resistance 3 (R3) 18.67 18.47 18.54
Resistance 2 (R2) 18.47 18.30 18.46 18.50
Resistance 1 (R1) 18.23 18.20 18.13 18.21 18.47
Pivot Point 18.03 18.03 17.98 18.02 18.03
Support 1 (S1) 17.79 17.86 17.69 17.77 17.51
Support 2 (S2) 17.59 17.76 17.58 17.48
Support 3 (S3) 17.35 17.59 17.44
Support 4 (S4) 17.33