FIRST MAJESTIC SILVER CORP
Here’s whether FIRST MAJESTIC SILVER CORP (AG) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.
Positives: RSI 44 — healthy momentum range; strong 1-year return of +88.1%. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-4.69% over 10 days); 3-month momentum negative (-20.7%). Currently 49.1% off its 52-week high. Score: -3/7.
AG is trading below its 200-day MA ($18.79) — a key warning sign the longer-term trend is under pressure. An RSI of 43.6 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +88.1% compares to +16.5% for SPY (beat the market by 71.7%). The current 49.1% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.