US stock / ETF

Freeport-McMoran Inc.

FCX · NYSE · USD

12 hoursBearish70%
12h Downside probability 70%Bearish

FCX 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

12h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $60.37 and stabilize above resistance $64.88.

Invalidation Trigger

Break above $64.88 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 39.2, MACD -0.065

12h
Volatility EnvironmentRange
Medium volatility

ATR is $1.79 (3.06%)

12h

EMA Structure

Bearish
EMA 8$59.4Bearish
EMA 21$60.37Bearish
EMA 50$61.98Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.2 · MACD -0.065

Momentum is weak

Strength
Bearish
Volatility
ATR $1.79 · BB 9.33%

Medium volatility

Strength
Range
Volume
MFI 58.5 · OBV -11.68%

Relative to 20-period average volume

Strength
Range
Price Levels
$56 - $64.88

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+14.22% · 4.6 ATR above latest close

$66.67
Nearest resistance

+11.15% · 3.6 ATR above · 34-bar high

$64.88
Current price

Price shown is delayed

$58.37
Nearest support

-4.06% · 1.3 ATR below · 34-bar low

$56
Deeper support zone

-7.12% · 2.3 ATR below latest close

$54.21
ATR zone

Latest close ± ATR14

$56.58 - $60.16

Indicators

Trend

Dow Theory Structure

Confirmation $62.92, invalidation $59.62

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

25.9 / 27.1 / 20.3Bullish
Supertrend (10,3)

Price is above Supertrend

$52.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.67 / $64.14Bearish
Donchian Channel (20)

20-period breakout channel position

34%Bearish

Volatility

ATR (14)

Medium volatility

$1.79 (3.06%)Range
Bollinger Bands (20,2)

Width 9.33%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$64.03 / $56.56Range
ATR channel lower / upper

Current Volatility Envelope

$56.58 / $60.16Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.88Range
Support

Nearest Downside Decision Level

$56Range

Momentum

RSI (14)

Momentum is weak

39.2Bearish
MACD (12,26,9)

Histogram is negative

-0.065Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.6 / 29.8Bearish
Williams %R (14)

Neutral zone

-70.4Range
CCI (20)

Weak expansion

-108.9Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

58.5Bullish
OBV slope

20-period OBV slope

-11.68%Bearish
Volume ratio

Relative to 20-period average volume

2.46xBullish

Trend

Dow Theory Structure

Confirmation $62.92, invalidation $59.62

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

25.9 / 27.1 / 20.3Bullish
Supertrend (10,3)

Price is above Supertrend

$52.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.67 / $64.14Bearish
Donchian Channel (20)

20-period breakout channel position

34%Bearish

Momentum

RSI (14)

Momentum is weak

39.2Bearish
MACD (12,26,9)

Histogram is negative

-0.065Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.6 / 29.8Bearish
Williams %R (14)

Neutral zone

-70.4Range
CCI (20)

Weak expansion

-108.9Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Medium volatility

$1.79 (3.06%)Range
Bollinger Bands (20,2)

Width 9.33%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$64.03 / $56.56Range
ATR channel lower / upper

Current Volatility Envelope

$56.58 / $60.16Range

Volume / Money Flow

MFI (14)

Money flow is strong

58.5Bullish
OBV slope

20-period OBV slope

-11.68%Bearish
Volume ratio

Relative to 20-period average volume

2.46xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.88Range
Support

Nearest Downside Decision Level

$56Range

Related Forecasts