US stock / ETF

Freeport-McMoran Inc.

FCX · NYSE · USD

1 dayBearish92%
Daily Downside probability 92%Bearish

FCX 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $68.71 and stabilize above resistance $74.9.

Invalidation Trigger

Break above $74.9 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 36.6, MACD -0.594

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $2.29 (3.5%)

Daily

EMA Structure

Bearish
EMA 8$66.62Bearish
EMA 21$68.71Bearish
EMA 50$69.5Bearish

Signals

CategoryReadStrength
Momentum
RSI 36.6 · MACD -0.594

Momentum is weak

Strength
Bearish
Volatility
ATR $2.29 · BB 16.58%

Medium volatility

Strength
Range
Volume
MFI 29.7 · OBV -7.99%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$64 - $74.9

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+18.14% · 5.2 ATR above latest close

$77.19
Nearest resistance

+14.64% · 4.2 ATR above · 34-bar high

$74.9
Current price

Price shown is delayed

$65.34
Nearest support

-2.04% · 0.6 ATR below · 34-bar low

$64
Deeper support zone

-5.54% · 1.6 ATR below latest close

$61.71
ATR zone

Latest close ± ATR14

$63.05 - $67.62

Indicators

Trend

Dow Theory Structure

Confirmation $64, invalidation $71.79

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

29.9 / 13.8 / 38.7Bearish
Supertrend (10,3)

Price is above Supertrend

$58.78Bullish
Ichimoku Cloud

Cloud Span A / Span B

$68.56 / $72.12Bearish
Donchian Channel (20)

20-period breakout channel position

13%Bearish

Volatility

ATR (14)

Medium volatility

$2.29 (3.5%)Range
Bollinger Bands (20,2)

Width 16.58%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$73.19 / $64.02Range
ATR channel lower / upper

Current Volatility Envelope

$63.05 / $67.62Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$74.9Range
Support

Nearest Downside Decision Level

$64Range

Momentum

RSI (14)

Momentum is weak

36.6Bearish
MACD (12,26,9)

Histogram is negative

-0.594Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

13.4 / 14.0Bearish
Williams %R (14)

Oversold zone

-86.6Bullish
CCI (20)

Weak expansion

-109.3Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

29.7Bearish
OBV slope

20-period OBV slope

-7.99%Bearish
Volume ratio

Relative to 20-period average volume

0.21xBearish

Trend

Dow Theory Structure

Confirmation $64, invalidation $71.79

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

29.9 / 13.8 / 38.7Bearish
Supertrend (10,3)

Price is above Supertrend

$58.78Bullish
Ichimoku Cloud

Cloud Span A / Span B

$68.56 / $72.12Bearish
Donchian Channel (20)

20-period breakout channel position

13%Bearish

Momentum

RSI (14)

Momentum is weak

36.6Bearish
MACD (12,26,9)

Histogram is negative

-0.594Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

13.4 / 14.0Bearish
Williams %R (14)

Oversold zone

-86.6Bullish
CCI (20)

Weak expansion

-109.3Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$2.29 (3.5%)Range
Bollinger Bands (20,2)

Width 16.58%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$73.19 / $64.02Range
ATR channel lower / upper

Current Volatility Envelope

$63.05 / $67.62Range

Volume / Money Flow

MFI (14)

Money flow is weak

29.7Bearish
OBV slope

20-period OBV slope

-7.99%Bearish
Volume ratio

Relative to 20-period average volume

0.21xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$74.9Range
Support

Nearest Downside Decision Level

$64Range

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