US stock / ETF

Freeport-McMoran Inc.

FCX · NYSE · USD

1 weekBullish92%
Weekly Upside probability 92%Bullish

FCX 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $50.79 and reclaim $80.24.

Invalidation Trigger

Lose $50.79 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 57.9, MACD 0.046

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $6.27 (8.72%)

Weekly

EMA Structure

Bullish
EMA 8$71.33Bullish
EMA 21$68Bullish
EMA 50$61.54Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.9 · MACD 0.046

Momentum is strong

Strength
Bullish
Volatility
ATR $6.27 · BB 30.79%

High volatility

Strength
Bearish
Volume
MFI 51.0 · OBV -0.52%

Relative to 20-period average volume

Strength
Range
Price Levels
$50.79 - $80.24

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+20.38% · 2.3 ATR above latest close

$86.51
Nearest resistance

+11.66% · 1.3 ATR above · 34-bar high

$80.24
Current price

Price shown is delayed

$71.86
Nearest support

-29.32% · 3.4 ATR below · 34-bar low

$50.79
Deeper support zone

-38.04% · 4.4 ATR below latest close

$44.52
ATR zone

Latest close ± ATR14

$65.59 - $78.13

Indicators

Trend

Dow Theory Structure

Confirmation $80.24, invalidation $67.01

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

Trend strength is moderate

16.1 / 26.5 / 17.8Bullish
Supertrend (10,3)

Price is above Supertrend

$53.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$70.38 / $59.39Bullish
Donchian Channel (20)

20-period breakout channel position

65%Bullish

Volatility

ATR (14)

High volatility

$6.27 (8.72%)Bearish
Bollinger Bands (20,2)

Width 30.79%

70%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$80.71 / $55.8Bearish
ATR channel lower / upper

Current Volatility Envelope

$65.59 / $78.13Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$80.24Range
Support

Nearest Downside Decision Level

$50.79Range

Momentum

RSI (14)

Momentum is strong

57.9Bullish
MACD (12,26,9)

Histogram is positive

0.046Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

65.4 / 66.3Bearish
Williams %R (14)

Neutral zone

-34.6Range
CCI (20)

Balanced zone

64.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.0Range
OBV slope

20-period OBV slope

-0.52%Bearish
Volume ratio

Relative to 20-period average volume

0.55xBearish

Trend

Dow Theory Structure

Confirmation $80.24, invalidation $67.01

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

Trend strength is moderate

16.1 / 26.5 / 17.8Bullish
Supertrend (10,3)

Price is above Supertrend

$53.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$70.38 / $59.39Bullish
Donchian Channel (20)

20-period breakout channel position

65%Bullish

Momentum

RSI (14)

Momentum is strong

57.9Bullish
MACD (12,26,9)

Histogram is positive

0.046Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

65.4 / 66.3Bearish
Williams %R (14)

Neutral zone

-34.6Range
CCI (20)

Balanced zone

64.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$6.27 (8.72%)Bearish
Bollinger Bands (20,2)

Width 30.79%

70%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$80.71 / $55.8Bearish
ATR channel lower / upper

Current Volatility Envelope

$65.59 / $78.13Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.0Range
OBV slope

20-period OBV slope

-0.52%Bearish
Volume ratio

Relative to 20-period average volume

0.55xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$80.24Range
Support

Nearest Downside Decision Level

$50.79Range

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