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 ***| 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% |
| 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 |
Get a Trading Sidekick!
Let us help you stay on top of your investments. We will alert you to important technical developments on your
portfolio & watchlist.
Configure default chart indicators
Basic chart:
- Earnings date: 11/08/2024
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.
Sector: Basic Materials
Industry: Silver
Keywords: Mining Gold Silver
Classification
Sector: Basic Materials
Industry: Silver
Keywords: Mining Gold Silver
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| 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 |
| 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 |
