FREEPORT-MCMORAN INC (FCX) Stock Technical Analysis
NYSE:FCX - New York Stock Exchange, Inc. - US35671D8570 - Common Stock - Currency: USD
Overall FCX gets a technical rating of 1 out of 10. FCX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
68% of all other stocks performed better in the past year than FCX.
FCX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FCX is lagging the market.
FCX has an average volume of 14351400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FCX is part of the Metals & Mining industry. There are 150 other stocks in this industry, FCX did better than 41% of them.
In the last month FCX has a been trading in the 34.26 - 40.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FCX has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
35.48
48.32
We found 1 important support area.
- A support zone ranging from 35.84 to 36.02. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 38.62 to 39.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 40.23 to 40.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @47.84 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32
Mansfield-1.89
10 Day High39.63
10 Day Low34.26
20 Day High40.8
20 Day Low34.26
52 Week High55.24
52 Week Low34.26
Performance
1 Week0.55%
2 Weeks-1.06%
1 Month4.61%
3 Month-9.29%
6 Month-4.6%
12 Month-4.24%
2 Year-6.72%
3 Year-23.28%
5 Year465.33%
10 Year101.37%
15 Year-8.64%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)52.13
LBB34.82
UBB40.64
38.16
+3.26 (+9.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg9.34%
1 Week0.55%
2 Weeks-1.06%
1 Month4.61%
3 Month-9.29%
6 Month-4.6%
12 Month-4.24%
2 Year-6.72%
3 Year-23.28%
5 Year465.33%
10 Year101.37%
15 Year-8.64%
Volatility
ATR(14)1.67
ATR(20)%3.99%
ATR Inc62.8%
Range Today1.99
ADR(20)1.27
ADR(20)%3.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32
Mansfield-1.89
10 Day High39.63
10 Day Low34.26
20 Day High40.8
20 Day Low34.26
52 Week High55.24
52 Week Low34.26
CS1 End36.02
CR1 Start38.62
Volume & EV
DER(3)-2.39%
DER(5)-1.66%
Volume29.19M
Volume Incr30.71%
Vol(5)18.71M
Vol(50)14.35M