Trading Signals: FCX Stock Price Prediction and Forecast (Mon. Mar. 14, 2016 - Wed. Sep. 27, 2023)(Freeport-McMoRan, Inc.)
| FCX latest price $8.7400 (-1.8%) ($8.6000 - $8.8900) on Fri. May. 22, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 7.29% (three month average) | RSI | 52 | Latest Price | $8.7400(-1.8%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | FCX advances 0.7% a day on average for past five trading days. | Weekly Trend | FCX advances 1.1% a week on average for past two weeks. | Market Behavior | Normal for large cap. Normal for small cap. | Correlated ETFs | Broad market will support FCX advance at 0% a week (0% probability) XME(73%) PAVE(67%) XLB(66%) IWD(63%) REMX(63%) | Factors Impacting FCX price | FCX will decline at least -3.645% in a week (0% probabilities). VIXM(-41%) UUP(-39%) VXX(-18%) TLT(-14%) BNDX(-2%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | | | | Market Trend Strength | -3.645% (StdDev 7.29%) | Hourly BBV | 0 () | Intraday Trend | -0.1% | | | |
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Resistance Level | $8.82 | 5 Day Moving Average | $9.02(-3.1%) | 10 Day Moving Average | $8.8(-0.68%) | 20 Day Moving Average | $8.82(-0.91%) | To recent high | -22.2% | To recent low | 64.6% | Market Cap | $12.708b | | | | FCX is a leading international mining company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. FCX is one of the world's largest publicly traded copper producers. FCX's portfolio of assets includes the Grasberg minerals district in Indonesia, one of the world's largest copper and gold deposits; and significant mining operations in North America and South America, including the large-scale Morenci minerals district in Arizona and the Cerro Verde operation in Peru. By supplying responsibly produced copper, FCX is proud to be a positive contributor to the world well beyond its operational boundaries. Additional information about FCX is available on FCX's website at 'fcx.com.' |