US stock / ETF

Freeport-McMoran Inc.

FCX · NYSE · USD

1 dayBearish92%
Daily Downside probability 92%Bearish

FCX 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $61.39 and stabilize above resistance $72.28.

Invalidation Trigger

Break above $72.28 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 39.7, MACD -0.258

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $2.6 (4.46%)

Daily

EMA Structure

Bearish
EMA 8$59.73Bearish
EMA 21$61.39Bearish
EMA 50$62.55Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.7 · MACD -0.258

Momentum is weak

Strength
Bearish
Volatility
ATR $2.6 · BB 16.21%

Medium volatility

Strength
Range
Volume
MFI 30.6 · OBV -59.14%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$56 - $72.28

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+28.26% · 6.3 ATR above latest close

$74.88
Nearest resistance

+23.8% · 5.3 ATR above · 34-bar high

$72.28
Current price

Price shown is delayed

$58.38
Nearest support

-4.08% · 0.9 ATR below · 34-bar low

$56
Deeper support zone

-8.53% · 1.9 ATR below latest close

$53.4
ATR zone

Latest close ± ATR14

$55.78 - $60.98

Indicators

Trend

Dow Theory Structure

Confirmation $56, invalidation $62.92

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

Trend strength is active

43.5 / 14.5 / 36.8Bearish
Supertrend (10,3)

Price is above Supertrend

$49.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.8 / $64.14Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Volatility

ATR (14)

Medium volatility

$2.6 (4.46%)Range
Bollinger Bands (20,2)

Width 16.21%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$67 / $55.59Range
ATR channel lower / upper

Current Volatility Envelope

$55.78 / $60.98Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$72.28Range
Support

Nearest Downside Decision Level

$56Range

Momentum

RSI (14)

Momentum is weak

39.7Bearish
MACD (12,26,9)

Histogram is negative

-0.258Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

32.6 / 33.4Bearish
Williams %R (14)

Neutral zone

-67.4Range
CCI (20)

Weak expansion

-132.3Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

30.6Bearish
OBV slope

20-period OBV slope

-59.14%Bearish
Volume ratio

Relative to 20-period average volume

1.45xBullish

Trend

Dow Theory Structure

Confirmation $56, invalidation $62.92

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

Trend strength is active

43.5 / 14.5 / 36.8Bearish
Supertrend (10,3)

Price is above Supertrend

$49.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.8 / $64.14Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Momentum

RSI (14)

Momentum is weak

39.7Bearish
MACD (12,26,9)

Histogram is negative

-0.258Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

32.6 / 33.4Bearish
Williams %R (14)

Neutral zone

-67.4Range
CCI (20)

Weak expansion

-132.3Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Medium volatility

$2.6 (4.46%)Range
Bollinger Bands (20,2)

Width 16.21%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$67 / $55.59Range
ATR channel lower / upper

Current Volatility Envelope

$55.78 / $60.98Range

Volume / Money Flow

MFI (14)

Money flow is weak

30.6Bearish
OBV slope

20-period OBV slope

-59.14%Bearish
Volume ratio

Relative to 20-period average volume

1.45xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$72.28Range
Support

Nearest Downside Decision Level

$56Range

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