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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 14810160

Date Daily Closing Price Open High Low Volume
14 Tue May 2024 53.48 52.33 53.66 52.33 1.196 times
13 Mon May 2024 52.04 51.99 52.50 51.77 0.622 times
10 Fri May 2024 51.59 51.67 52.00 51.35 0.981 times
09 Thu May 2024 51.08 50.07 51.35 49.70 0.691 times
08 Wed May 2024 49.96 50.20 50.71 49.43 0.959 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 53.3, for a target of 51.7 or 50.33

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
Downside Target 52.52
Upside Target 53.66

Intraday share price targets for Freeport Mcmoran (FCX)

Target Type Value
Downside Intraday Target 52.28
Downside Intraday Target 51.08
Upside Intraday Target 54.17
Upside Intraday Target 54.86
Downside Intraday Target 52.97

Weekly technical analysis of Freeport Mcmoran (FCX)

Date Weekly Closing Price Open High Low Volume
14 Tue May 2024 53.48 51.99 53.66 51.77 0.427 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
14 Tue May 2024 53.48 50.15 53.66 48.22 0.387 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 39, 19, 35 Buy
MACD 3, 3Buy
Stochastics 88Buy
CCI 162Buy
RSI 51Buy
OBV 41322100Sell
VWAP 51Buy
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 gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Freeport Mcmoran Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Freeport Mcmoran in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 50.8 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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