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: Neutral.
Positives: trading above the 200-day MA (long-term uptrend intact); RSI 56 — healthy momentum range; strong 1-year return of +220.8%. Concerns: below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-2.29% over 10 days). Currently 32.9% off its 52-week high. Score: +2/7.
AG is holding above its long-term 200-day MA ($15.67) but has slipped below the 50-day MA ($23.38), pointing to short-term weakness in an otherwise intact trend. An RSI of 55.8 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +220.8% compares to +35.1% for SPY (beat the market by 185.7%). The current 32.9% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.