First Majestic's 15min chart shows RSI Overbought, KDJ Death Cross signals.

The 15-minute chart for First Majestic has exhibited signs of overbought conditions, as indicated by an RSI reading at an elevated level, coupled with a KDJ Death Cross that occurred at 12:15 on September 22, 2025. This suggests that the stock's price has increased too swiftly and has surpassed its fundamental support level, prompting a shift in momentum towards a downward trajectory with the potential for further declines.

First Majestic Silver Corp. (NYSE:AG) has experienced significant price fluctuations in recent weeks, with the 15-minute chart exhibiting overbought conditions. On September 22, 2025, the Relative Strength Index (RSI) reached an elevated level, and a KDJ Death Cross occurred at 12:15, indicating a potential shift in momentum towards a downward trajectory.

The RSI reading at an elevated level suggests that the stock's price has increased too swiftly, surpassing its fundamental support level. This could prompt a correction in the stock's price, potentially leading to further declines. The KDJ Death Cross, a technical indicator, signals a bearish trend, further supporting the notion of a downward price movement.

First Majestic Silver Corp. reported quarterly earnings of $0.04 EPS, missing analysts' expectations of $0.06, alongside a revenue of $264.2 million, which was below the anticipated $387.25 million First Majestic Silver Corp. (NYSE:AG) Short Interest Down 23.3% in August^[1]. The company also experienced a 23.3% drop in short interest in August, with 18.78 million shares short sold, translating to approximately 3.9% of its total shares First Majestic Silver Corp. (NYSE:AG) Short Interest Down 23.3% in August^[1].

Several hedge funds have recently bought and sold shares of the company, with Captrust Financial Advisors, Toronto Dominion Bank, Two Sigma Investments LP, Two Sigma Advisers LP, and Public Employees Retirement System of Ohio increasing their stakes in the fourth quarter First Majestic Silver Corp. (NYSE:AG) Short Interest Down 23.3% in August^[1]. Despite the positive institutional interest, analysts have set a "Hold" rating for the stock with an average target price of $9.63 First Majestic Silver Corp. (NYSE:AG) Short Interest Down 23.3% in August^[1].

The company's recent dividend announcement, a $0.02 dividend on an annualized basis, may not be enough to attract investors seeking high-yield opportunities First Majestic Silver Corp. (NYSE:AG) Short Interest Down 23.3% in August^[1]. The stock's high valuation metrics, such as a PE ratio of -1,062.94 and a beta of 0.78, suggest that the stock may be overvalued compared to its peers First Majestic Silver Corp. (NYSE:AG) Short Interest Down 23.3% in August^[1].

Investors should closely monitor First Majestic Silver Corp.'s price action and earnings reports to assess the potential impact of the current overbought conditions and market dynamics. The company's ability to navigate these challenges will be crucial for its future performance.