US stock / ETF

Freeport-McMoran Inc.

FCX · NYSE · USD

1 weekBearish57%
Weekly Downside probability 57%Bearish

FCX 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $67.8 and stabilize above resistance $80.24.

Invalidation Trigger

Break above $80.24 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 48.7, MACD -0.931

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $6.07 (9.23%)

Weekly

EMA Structure

Bullish
EMA 8$68.98Bearish
EMA 21$67.8Bearish
EMA 50$62.19Bullish

Signals

CategoryReadStrength
Momentum
RSI 48.7 · MACD -0.931

Neutral zone

Strength
Bearish
Volatility
ATR $6.07 · BB 30.88%

High volatility

Strength
Bearish
Volume
MFI 48.4 · OBV -2.72%

Relative to 20-period average volume

Strength
Range
Price Levels
$50.79 - $80.24

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+31.29% · 3.4 ATR above latest close

$86.31
Nearest resistance

+22.06% · 2.4 ATR above · 34-bar high

$80.24
Current price

Price shown is delayed

$65.74
Nearest support

-22.74% · 2.5 ATR below · 34-bar low

$50.79
Deeper support zone

-31.97% · 3.5 ATR below latest close

$44.72
ATR zone

Latest close ± ATR14

$59.67 - $71.81

Indicators

Trend

Dow Theory Structure

Confirmation $80.24, invalidation $67.01

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

Trend strength is moderate

17.2 / 23.4 / 21.5Bullish
Supertrend (10,3)

Price is above Supertrend

$49.21Bullish
Ichimoku Cloud

Cloud Span A / Span B

$69.47 / $59.39Bearish
Donchian Channel (20)

20-period breakout channel position

40%Range

Volatility

ATR (14)

High volatility

$6.07 (9.23%)Bearish
Bollinger Bands (20,2)

Width 30.88%

39%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$78.74 / $57.21Bearish
ATR channel lower / upper

Current Volatility Envelope

$59.67 / $71.81Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$80.24Range
Support

Nearest Downside Decision Level

$50.79Range

Momentum

RSI (14)

Neutral zone

48.7Range
MACD (12,26,9)

Histogram is negative

-0.931Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

34.2 / 40.6Bearish
Williams %R (14)

Neutral zone

-65.8Range
CCI (20)

Balanced zone

-37.1Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.4Range
OBV slope

20-period OBV slope

-2.72%Bearish
Volume ratio

Relative to 20-period average volume

0.26xBearish

Trend

Dow Theory Structure

Confirmation $80.24, invalidation $67.01

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

Trend strength is moderate

17.2 / 23.4 / 21.5Bullish
Supertrend (10,3)

Price is above Supertrend

$49.21Bullish
Ichimoku Cloud

Cloud Span A / Span B

$69.47 / $59.39Bearish
Donchian Channel (20)

20-period breakout channel position

40%Range

Momentum

RSI (14)

Neutral zone

48.7Range
MACD (12,26,9)

Histogram is negative

-0.931Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

34.2 / 40.6Bearish
Williams %R (14)

Neutral zone

-65.8Range
CCI (20)

Balanced zone

-37.1Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$6.07 (9.23%)Bearish
Bollinger Bands (20,2)

Width 30.88%

39%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$78.74 / $57.21Bearish
ATR channel lower / upper

Current Volatility Envelope

$59.67 / $71.81Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.4Range
OBV slope

20-period OBV slope

-2.72%Bearish
Volume ratio

Relative to 20-period average volume

0.26xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$80.24Range
Support

Nearest Downside Decision Level

$50.79Range

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