FREEPORT-MCMORAN INC (FCX)

US35671D8570 - Common Stock

43.72  -0.04 (-0.09%)

After market: 43.9644 +0.24 (+0.56%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to FCX. FCX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

FCX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
FCX has an average volume of 11714800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, FCX outperforms 54% of them, which is more or less in line with the market.
FCX is part of the Metals & Mining industry. There are 157 other stocks in this industry, FCX did better than 49% of them.
FCX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FCX is lagging the market.
Weekly and Daily overview Charts
FCX Weekly chart
FCX Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, FCX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for FCX in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

39.11

52.11

We found 3 important support areas.

  • A support zone ranging from 42.97 to 43.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 41.22 to 41.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 39.51 to 39.99. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 4 important resistance areas.

  • A resistance zone ranging from 46.88 to 47.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 48.53 to 48.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 50.12 to 50.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @51.59 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.11
Mansfield-1.42
10 Day High45.63
10 Day Low42
20 Day High49.21
20 Day Low42
52 Week High55.24
52 Week Low36.04
Performance
1 Week2.39%
2 Weeks-5.69%
1 Month-6.18%
3 Month-2.1%
6 Month-15.16%
12 Month18.68%
2 Year9.85%
3 Year17.91%
5 Year284.18%
10 Year62.83%
15 Year5.6%
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)-0.12
RSI(14)40.92
LBB41.19
UBB48.13
FCX Daily chart

FREEPORT-MCMORAN INC

NYSE:FCX (11/22/2024, 8:04:00 PM)

After market: 43.9644 +0.24 (+0.56%)

43.72

-0.04 (-0.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.09%
1 Week2.39%
2 Weeks-5.69%
1 Month-6.18%
3 Month-2.1%
6 Month-15.16%
12 Month18.68%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.41
ATR(20)%2.94%
ATR Inc
Range Today0.39
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High45.63
10 Day Low42
20 Day High49.21
20 Day Low42
52 Week High55.24
52 Week Low36.04
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume9.11M
Volume Incr-6.57%
Vol(5)10.27M
Vol(50)11.71M