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 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. FCX was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, FCX is a bad performer in the overall market: 75% of all stocks are doing better.
FCX is part of the Metals & Mining industry. There are 154 other stocks in this industry, of which 64% are performing better than FCX.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
FCX has an average volume of 17955800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FCX is currently trading in the middle 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 slightly.
In the last month FCX has a been trading in the 34.45 - 40.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
FCX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 38.37, a Stop Loss order could be placed below this zone. 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.
More info and screens
36.49
46.63
When analyzing the support we notice one important area.
- A support zone ranging from 36.86 to 38.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- Resistance @38.95 from a trend line in the daily time frame.
- A resistance zone ranging from 40.16 to 40.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @46.17 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
CRS25.94
Mansfield-1.28
10 Day High40.59
10 Day Low36.64
20 Day High40.59
20 Day Low34.45
52 Week High53.89
52 Week Low27.66
Performance
1 Week-2.71%
2 Weeks1.27%
1 Month12.74%
3 Month3.84%
6 Month-12.17%
12 Month-25.48%
2 Year11.82%
3 Year-1.74%
5 Year323.37%
10 Year95.42%
15 Year9.64%
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)0.1
RSI(14)55.5
LBB36.39
UBB39.75
38.4
-0.4 (-1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.03%
1 Week-2.71%
2 Weeks1.27%
1 Month12.74%
3 Month3.84%
6 Month-12.17%
12 Month-25.48%
2 Year11.82%
3 Year-1.74%
5 Year323.37%
10 Year95.42%
15 Year9.64%
Volatility
ATR(14)1.2
ATR(20)%3.55%
ATR Inc-11.43%
Range Today0.61
ADR(20)1.12
ADR(20)%2.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.94
Mansfield-1.28
10 Day High40.59
10 Day Low36.64
20 Day High40.59
20 Day Low34.45
52 Week High53.89
52 Week Low27.66
CS1 End38.37
CR1 Start38.95
Volume & EV
DER(3)3.11%
DER(5)1.98%
Volume7.85M
Volume Incr-19.56%
Vol(5)11.19M
Vol(50)17.96M