Trading Signals: FCX Stock Price Prediction and Forecast

^ FCX: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Sep. 27, 2023

Trading Signals: FCX Stock Price Prediction and Forecast (Mon. Mar. 14, 2016 - Wed. Sep. 27, 2023)

(Freeport-McMoRan, Inc.)
FCX latest price $36.5500 (-0.05%) ($36.0400 - $36.9700) on Wed. Sep. 27, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.98% (three month average)
RSI   28
Latest Price   $36.5500(-0.05%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   FCX declines -1.2% a day on average for past five trading days.
Weekly Trend   FCX declines -3.8% a week on average for past two weeks.
Market Behavior   Normal for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support FCX advance at 0% a week (0% probability)
TLT(46%)    VWO(89%)    XLP(79%)    XLU(54%)    XOP(12%)
Factors Impacting FCX price   FCX will decline at least -0.99% in a week (0% probabilities).
ICLN(60%)    IDRV(82%)    IFRA(180%)    IWD(175%)    IWN(561%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.99% (StdDev 1.98%)
Hourly BBV -0.8 ()
Intraday Trend -1%

1 - 5 Day Possible Target   $30.58(-16.33%)
Resistance Level   $39.18
5 Day Moving Average   $36.94(-1.06%)
10 Day Moving Average   $38.25(-4.44%)
20 Day Moving Average   $39.18(-6.71%)
To recent high   -18.1%
To recent low   0%
Market Cap   $53.144b

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.'

$. FCX price fluctuates within 3.78% (three month std-dev: 1.98%) daily (68% of days).

Sample size 37 Average positive next day return: 2.6%(57%) Average negative next day return: -1.16%(43%) Sample size 37 Average positive next three day return: 3.17%(76%) Average negative next three day return: -2.31%(24%) Sample size 37 Average positive next weekly return: 3.38%(73%) Average negative next weekly return: -1.71%(27%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231027

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Sep_27_2023	39.19	39.18	38.25	36.94	36.94	36.66	36.55(-0.05%)	DT	OpenShort	-75	-0.3	-44	-50	-18	-122	10.36	48%	0	-40.5	1.98%	-0.8	-1.8	28	-1.6
2	Sep_26_2023	39.19	39.38	38.58	37.37	37.17	36.81	36.57(-1.69%)	DT	OpenShort	-75	-0.6	-52	-80	-31	-113	11.74	50%	0	-32.1	2.02%	-1.7	-2.1	26	-3
3	Sep_25_2023	39.19	39.51	38.94	37.82	37.74	37.22	37.2(0.13%)	DP	OpenShort	-75	-0.5	-50	-100	-33	-102	6.61	50%	0.03	-25.6	2.03%	-0.8	-1.9	26	-1.5
4	Sep_22_2023	39.18	39.59	39.24	38.42	38.42	37.53	37.15(-0.21%)	DT	HoldShort	-65	-1.2	-55	-160	-43	-90	7.82	48%	0.05	-14.7	2.07%	-0.9	-2.2	23	-1
5	Sep_21_2023	39.16	39.67	39.48	39.06	39.07	38.27	37.23(-3.77%)	DT	OpenShort	-75	-1.8	-58	-140	-53	-74	12.88	48%	0.03	-4	2.07%	-1.6	-2.5	38	-0.9

6	Sep_20_2023	39.15	39.79	39.76	39.75	39.84	39.31	38.69(-0.33%)	DT	OpenShort	-75	-1.3	-30	-90	-26	-40	7.27	50%	0.05	19.9	2.02%	-1	-1.3	43	-0
7	Sep_19_2023	39.13	39.81	39.94	39.96	40.31	39.87	38.82(-3.41%)	DT	OpenShort	-75	-1.4	-22	-50	-20	-28	12.86	50%	0.03	22.7	2.03%	-1.6	-1.2	43	0.9
8	Sep_18_2023	39.12	39.82	40.14	40.21	40.4	40.37	40.19(-0.45%)	DT	OpenShort	-75	-0	-7	10	-9	-2	6.68	53%	0.05	17.5	2%	-1.2	0.5	60	1
9	Sep_15_2023	39.1	39.75	40.26	40.19	40.38	40.75	40.37(-0.76%)	UD	OpenLong	75	0.2	18	80	14	28	11.06	53%	0.08	2.8	2%	-0.2	0.7	64	1
10	Sep_14_2023	39.07	39.71	40.21	39.98	40.31	40.44	40.68(2.37%)	UT	OpenLong	75	0.9	24	50	21	33	7.45	53%	0.1	-19.4	2%	1.1	1.2	66	1.5

11	Sep_13_2023	39.03	39.71	40.16	39.79	39.93	40.01	39.74(-0.8%)	UD	OpenLong	65	-0.1	1	20	-6	21	5.23	55%	0.05	-45.5	1.99%	-2.1	0.1	54	1.3
12	Sep_12_2023	39.01	39.63	40.21	39.93	39.85	40.17	40.06(-0.12%)	UD	OpenLong	75	0.2	13	50	4	39	8.95	55%	0.03	-56.9	2.1%	0.3	0.5	58	1
13	Sep_11_2023	39	39.68	40.11	40.07	39.88	39.86	40.11(2.09%)	UD	OpenLong	65	0	10	-20	-2	45	6.58	55%	0	-53.9	2.1%	1	0.5	60	1.3
14	Sep_8_2023	39	39.73	39.95	40.35	40.1	39.53	39.29(-1.18%)	N/A	N/A	0	-1.1	-2	-120	-19	48	6.34	55%	-0.05	-47.3	2.08%	-1.2	-0.5	55	1.3
15	Sep_7_2023	39.02	39.87	39.89	40.47	40.57	39.9	39.76(-1.61%)	N/A	N/A	0	-0.6	-5	-110	-22	45	7.45	55%	-0.05	-40.6	2.08%	-0.9	-0.1	51	1.2

16	Sep_6_2023	39.04	40	39.84	40.56	40.68	40.68	40.41(-0.96%)	UD	OpenLong	65	-0.1	4	10	-13	56	7.65	55%	-0.08	-35.4	2.07%	-0.9	0.3	59	1.4
17	Sep_5_2023	39.07	40.09	39.69	40.52	40.69	41.25	40.8(-1.66%)	UD	OpenLong	75	0.2	38	110	29	66	6.39	55%	-0.13	-36.9	2.07%	-0.1	0.5	54	1.7
18	Sep_1_2023	39.12	40.15	39.48	40.15	40.27	40.69	41.49(3.96%)	UT	OpenLong	75	0.9	37	80	37	37	10.98	60%	-0.05	-47.7	2.13%	1.4	0.9	48	2.3
19	Aug_31_2023	39.14	40.18	39.2	39.52	39.65	40.14	39.91(-0.7%)	N/A	N/A	0	0.2	12	100	20	-12	8.6	58%	-0.03	-59.3	2.11%	-0.7	-0.2	38	2.3
20	Aug_30_2023	39.15	40.33	39.16	39.21	39.24	39.86	40.19(0%)	N/A	N/A	0	0.6	10	110	26	-39	6.66	58%	-0.03	-63.1	2.11%	0.9	-0.1	34	2.2

21	Aug_29_2023	39.16	40.44	39.03	39.03	38.84	39.17	40.19(3.16%)	DP	OpenShort	-65	0.7	-2	40	21	-71	9.23	58%	0	-63.6	2.12%	1.6	-0.1	34	1.7
22	Aug_28_2023	39.16	40.6	38.97	38.77	38.77	38.61	38.96(1.64%)	DP	OpenShort	-65	0.1	-26	-30	2	-109	8.44	56%	0	-61.7	2.1%	0.6	-0.8	23	1.5
23	Aug_25_2023	39.16	40.87	39.17	38.72	38.86	38.52	38.33(-0.18%)	DT	HoldShort	-65	-0.2	-42	-50	-14	-124	8.45	58%	-0.05	-56.7	2.13%	-0.8	-1.3	22	0.2
24	Aug_24_2023	39.18	41.14	39.47	38.82	38.99	38.92	38.4(-2.19%)	DT	HoldShort	-65	-0.2	-42	0	-13	-127	8.15	55%	-0.05	-50.6	2.14%	-1.5	-1.4	22	-0.6
25	Aug_23_2023	39.2	41.39	39.85	39.07	39.04	39.2	39.26(0.95%)	DP	OpenShort	-65	0.1	-27	30	2	-115	9.65	54%		-46.5	2.19%	0.9	-1.1	22	0.5
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD