First Majestic Silver Breaks Above 200-Day Moving Average - Bullish for AG
In trading on Thursday, shares of First Majestic Silver Corp (Symbol: AG) crossed above their 200 day moving average of $10.54, changing hands as high as $10.58 per share. First Majestic Silver Corp shares are currently trading up about 5.8% on the day. The chart below shows the one year performance of AG shares, versus its 200 day moving average:
Looking at the chart above, AG's low point in its 52 week range is $8.19 per share, with $16.46 as the 52 week high point - that compares with a last trade of $10.52.
According to the ETF Finder at ETF Channel, AG makes up 4.43% of the Silver Miners ETF (Symbol: SIL) which is trading up by about 6.1% on the day Thursday.