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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 2024-09-03 View latest technical analysis

10 day averaged volume of Freeport Mcmoran is 8649420

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	41.36	42.36	42.39	40.85	2.175 times
30 Fri Aug 2024	44.28	43.89	44.32	43.52	0.903 times
30 Fri Aug 2024	44.28	43.89	44.32	43.52	0.903 times
29 Thu Aug 2024	43.83	43.88	44.20	43.48	0.996 times
28 Wed Aug 2024	43.87	44.05	44.31	43.54	1.05 times
27 Tue Aug 2024	45.23	44.97	45.60	44.82	0.781 times
26 Mon Aug 2024	45.19	45.60	46.01	44.96	1.277 times
23 Fri Aug 2024	44.66	43.70	44.82	43.60	1.364 times
22 Thu Aug 2024	43.30	43.60	43.69	43.01	0.826 times
21 Wed Aug 2024	43.89	44.03	44.12	43.47	0.814 times

Stock of Freeport Mcmoran (FCX) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 41.5, but if it comes above 41.5, then a intra day buy could be more profitable.
If you take a sell trade below 41.5, then use 41.5 as stoploss and 39.7 as target. However if you take a buy trade in stock , then use 41.5 as stoploss and 43.08 as target.

Share price targets for Freeport Mcmoran (FCX)

Target Type	Value
Downside Target	39.08
Downside Target	40.85
Upside Target	42.39
Upside Target	44.82
Upside Target	46.01
Upside Target	46.57
Upside Target	48.22
Upside Target	51.97
Upside Target	53.15
Upside Target	55.24

Intraday share price targets for Freeport Mcmoran (FCX)

Target Type	Value
Downside Intraday Target	40.68
Downside Intraday Target	39.99
Upside Intraday Target	42.22
Upside Intraday Target	43.07
Upside Intraday Target	41.53

Weekly technical analysis of Freeport Mcmoran (FCX)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	41.36	42.36	42.39	40.85	2.408 times
30 Fri Aug 2024	44.28	43.89	44.32	43.52	0.18 times
30 Fri Aug 2024	44.28	45.60	46.01	43.48	0.936 times
23 Fri Aug 2024	44.66	43.99	44.82	43.01	0.975 times
16 Fri Aug 2024	43.44	41.64	44.08	41.10	0.665 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Freeport Mcmoran (FCX)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	41.36	42.36	42.39	40.85	0.077 times
30 Fri Aug 2024	44.28	45.12	46.01	39.08	0.962 times
31 Wed Jul 2024	45.41	49.12	51.97	43.27	1.065 times
28 Fri Jun 2024	48.60	53.15	53.15	46.57	0.699 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Freeport Mcmoran ( (FCX) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Freeport Mcmoran ( (FCX) ) based on a mid to longer 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.

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

MACD generated a BUY signal for Freeport Mcmoran in short term but the buy 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 coming down

CCI has generated a SELL signal for Freeport Mcmoran in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 43.75 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.