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First Majestic Silver Corp (AG) – sideways & breakout history

NYSE

First Majestic Silver Corp has been moving sideways between $4.17 and $8.44 since 1 Sept 2024.

Since 2021, NasdaqScan has found 3 sideways ranges in AG. Completed ranges lasted 550 days on average, from 511 to 588 days. Of those 2, 2 broke downward. The current range is 102% wide from low to high. NasdaqScan detected one breakout pattern in First Majestic Silver Corp, on 24 Sept 2023 after 364 days of sideways movement.

Charts are only kept for recent breakouts, so there is no chart for this signal.

Sideways ranges

RangeFormedEndedHow it endedBreakout signals
$4.17 – $8.441 Sept 2024Still sideways——
$6.44 – $9.8123 Apr 202315 Sept 2024 (511 days)Broke below the range at $4.5924 Sept 2023 (Go ahead)
$9.62 – $24.0121 Nov 20212 Jul 2023 (588 days)Broke below the range at $5.24—

Breakout patterns detected

  • 24 Sept 2023: breakout from a sideways range after 364 days (Go ahead)

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

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