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(FCX) Freeport Mcmoran complete technical analysis [charts+indicators] | Buy/Sell Freeport Mcmoran | (FCX) share price targets

Complete technical analysis of Freeport Mcmoran (FCX) by charts plus indicators, forecast predictions and share price targets for Freeport Mcmoran (FCX)

Freeport Mcmoran trades in USA in Basic Industries sector.

10 day averaged volume of Freeport Mcmoran is 13698897

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 52.04 53.81 54.05 51.90 1.077 times
15 Wed May 2024 53.61 53.81 54.09 52.13 1.297 times
14 Tue May 2024 53.48 52.33 53.66 52.33 1.293 times
13 Mon May 2024 52.04 51.99 52.50 51.77 0.672 times
10 Fri May 2024 51.59 51.67 52.00 51.35 1.061 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 52.2 as stoploss in an intra day sell trade for a target of 50.62. However, stock will show a bullish move above 52.2.

Share price targets for Freeport Mcmoran (FCX)

Target Type Value
Downside Target 36.26
Downside Target 40.26
Downside Target 42.54
Downside Target 47.10
Downside Target 49.43
Downside Target 50.72
Downside Target 51.14
Downside Target 51.77
Downside Target 52.00
Upside Target 52.52
Upside Target 54.09

Intraday share price targets for Freeport Mcmoran (FCX)

Target Type Value
Downside Intraday Target 51.18
Downside Intraday Target 50.31
Upside Intraday Target 53.5
Upside Intraday Target 54.95
Upside Intraday Target 52.63

Weekly technical analysis of Freeport Mcmoran (FCX)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 52.04 51.99 54.09 51.77 0.943 times
10 Fri May 2024 51.59 51.20 52.00 49.43 0.631 times
03 Fri May 2024 50.45 51.25 52.52 48.22 1.155 times
26 Fri Apr 2024 50.50 48.22 50.72 47.10 1.033 times
19 Fri Apr 2024 49.61 50.70 51.14 48.08 1.053 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Freeport Mcmoran (FCX)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 52.04 50.15 54.09 48.22 0.472 times
30 Tue Apr 2024 49.94 47.53 52.52 47.10 1.323 times
28 Thu Mar 2024 47.02 37.94 47.19 36.75 1.216 times
29 Thu Feb 2024 37.81 39.88 40.26 36.26 0.897 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Freeport Mcmoran (FCX)

Indicator Name Indicator Value Indicator Signal
ADX 32, 16, 34 Buy
MACD 3, 3Buy
Stochastics 82Buy
CCI 73Sell
RSI 47Sell
OBV 48621317Sell
VWAP 52Buy
ADL 0Sell
ROC 7Buy
Force Index 0Sell

Price action analysis of Freeport Mcmoran ( (FCX) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Freeport Mcmoran ( (FCX) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Freeport Mcmoran ( (FCX) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Freeport Mcmoran ( (FCX) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Freeport Mcmoran stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Freeport Mcmoran in short term and the buy signal is strong.

Freeport Mcmoran Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Freeport Mcmoran in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Freeport Mcmoran is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 51.78 and Freeport Mcmoran (FCX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Freeport Mcmoran (FCX) stock. Volume based technical analysis of Freeport Mcmoran (FCX) stock is negative.

Freeport Mcmoran Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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