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: Bullish.
Positives: trading above the 200-day MA (long-term uptrend intact); above the 50-day MA (medium-term momentum positive); 50-day MA is rising (+0.78% over 10 days); strong 1-year return of +142.1%; 3-month momentum positive (+8.4%). Concerns: RSI 79 — overbought, elevated pullback risk. Currently 34.2% off its 52-week high. Score: +5/7.
AG is in a confirmed uptrend, trading above both its 50-day ($17.39) and 200-day ($19.25) moving averages. With an RSI of 79.3, momentum has stretched into overbought territory — short-term pullbacks are common from these levels. The 1-year return of +142.1% compares to +20.5% for SPY (beat the market by 121.7%). The current 34.2% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.