The output start index for this execution was twelve with a total number of output elements of five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of First Majestic Silver volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
First Majestic Silver Trend Analysis
Use this graph to draw trend lines for First Majestic Silver Corp. You can use it to identify possible trend reversals for First Majestic as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual First Majestic price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
First Majestic Best Fit Change Line
The following chart estimates an ordinary least squares regression model for First Majestic Silver Corp applied against its price change over selected period. The best fit line has a slop of 0.05 % which suggests that First Majestic Silver Corp will keep on generating value for investors. It has 34 observation points and a regression sum of squares at 2.18, which is the sum of squared deviations for the predicted First Majestic price change compared to its average price change.
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