Technical Analysis for MAG - Mag Silver Corporation

Grade Last Price % Change Price Change
C 14.90 -1.97% -0.30
MAG closed down 1.97 percent on Friday, November 15, 2024, on 1.77 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. 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.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down

Date Alert Name Type % Chg
180 Bearish Setup Bearish Swing Setup 0.00%
NR7 Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Pocket Pivot Bullish Swing Setup -1.97%
Lower Bollinger Band Walk Weakness -1.97%
Gapped Down Weakness -1.97%
Lower Bollinger Band Touch Weakness -1.97%
Oversold Stochastic Weakness -1.97%
50 DMA Resistance Bearish 1.02%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 9 hours ago
60 Minute Opening Range Breakdown about 11 hours ago
Down 2 % about 11 hours ago
Rose Above Previous Day's High about 14 hours ago
Down 1% about 14 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 752,991
200-Day Moving Average 12.66
50-Day Moving Average 15.43
20-Day Moving Average 16.64
10-Day Moving Average 15.71
Average True Range 0.73
RSI (14) 39.39
ADX 31.55
+DI 15.74
-DI 34.27
Chandelier Exit (Long, 3 ATRs) 16.07
Chandelier Exit (Short, 3 ATRs) 16.71
Upper Bollinger Bands 18.81
Lower Bollinger Band 14.48
Percent B (%b) 0.1
BandWidth 26.07
MACD Line -0.17
MACD Signal Line 0.16
MACD Histogram -0.3378
Fundamentals Value
Market Cap 1.53 Billion
Num Shares 103 Million
EPS 0.31
Price-to-Earnings (P/E) Ratio 48.06
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) 15.61
Resistance 3 (R3) 15.67 15.51 15.49
Resistance 2 (R2) 15.51 15.33 15.47 15.45
Resistance 1 (R1) 15.20 15.22 15.12 15.14 15.41
Pivot Point 15.04 15.04 15.00 15.00 15.04
Support 1 (S1) 14.73 14.86 14.65 14.67 14.39
Support 2 (S2) 14.57 14.75 14.53 14.35
Support 3 (S3) 14.26 14.57 14.31
Support 4 (S4) 14.20