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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.

Showing technical analysis as on 2024-06-10 View latest technical analysis

10 day averaged volume of Freeport Mcmoran is 14245200

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	50.00	49.51	50.22	49.40	0.776 times
07 Fri Jun 2024	49.27	49.65	49.80	48.83	1.127 times
06 Thu Jun 2024	51.25	50.67	51.28	49.90	0.773 times
05 Wed Jun 2024	50.49	50.00	50.61	49.66	0.887 times
04 Tue Jun 2024	49.70	51.03	51.05	48.41	1.742 times
03 Mon Jun 2024	52.04	53.15	53.15	51.51	0.719 times
31 Fri May 2024	52.73	52.74	53.29	51.21	1.29 times
30 Thu May 2024	52.31	51.51	52.66	51.41	0.924 times
29 Wed May 2024	52.77	52.73	53.20	52.40	0.812 times
28 Tue May 2024	53.63	53.06	53.89	52.28	1.048 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.6, but if it comes above 50.6, then a intra day buy could be more profitable.
If you take a sell trade below 50.6, then use 50.6 as stoploss and 48.7 as target. However if you take a buy trade in stock , then use 50.6 as stoploss and 52.14 as target.

Share price targets for Freeport Mcmoran (FCX)

Target Type	Value
Downside Target	36.26
Downside Target	40.26
Downside Target	47.10
Downside Target	48.22
Downside Target	49.40
Upside Target	52.52
Upside Target	53.15
Upside Target	53.89
Upside Target	54.35
Upside Target	55.24

Intraday share price targets for Freeport Mcmoran (FCX)

Target Type	Value
Downside Intraday Target	49.53
Downside Intraday Target	49.05
Upside Intraday Target	50.35
Upside Intraday Target	50.69
Downside Intraday Target	49.87

Weekly technical analysis of Freeport Mcmoran (FCX)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	50.00	49.51	50.22	49.40	0.148 times
07 Fri Jun 2024	49.27	53.15	53.15	48.41	1.288 times
31 Fri May 2024	52.73	53.06	53.89	51.21	0.67 times
24 Fri May 2024	51.53	54.00	55.24	50.60	1.12 times
17 Fri May 2024	54.23	51.99	54.35	51.77	1.227 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
10 Mon Jun 2024	50.00	53.15	53.15	48.41	0.25 times
31 Fri May 2024	52.73	50.15	55.24	48.22	0.897 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

Scroll below to view daily charts

Price has moved down 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)

Price action analysis of Freeport Mcmoran ( (FCX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Freeport Mcmoran ( (FCX) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Freeport Mcmoran in short term but the sell signal is initial and weak.

Freeport Mcmoran Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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

CCI has generated a buy signal for Freeport Mcmoran in short term but BUY 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 51.31 and Freeport Mcmoran (FCX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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