US stock / ETF

Freeport-McMoran Inc.

FCX · NYSE · USD

1 weekBullish57%
Weekly Upside probability 57%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 $39.9 and reclaim $72.28.

Invalidation Trigger

Lose $39.9 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 48.0, MACD -1.061

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $6.52 (11.17%)

Weekly

EMA Structure

Bullish
EMA 8$62.14Bearish
EMA 21$61.15Bearish
EMA 50$55.81Bullish

Signals

CategoryReadStrength
Momentum
RSI 48.0 · MACD -1.061

Neutral zone

Strength
Bearish
Volatility
ATR $6.52 · BB 29.59%

High volatility

Strength
Bearish
Volume
MFI 49.5 · OBV -0.61%

Relative to 20-period average volume

Strength
Range
Price Levels
$39.9 - $72.28

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+34.97% · 3.1 ATR above latest close

$78.79
Nearest resistance

+23.8% · 2.1 ATR above · 34-bar high

$72.28
Current price

Price shown is delayed

$58.38
Nearest support

-31.65% · 2.8 ATR below · 34-bar low

$39.9
Deeper support zone

-42.82% · 3.8 ATR below latest close

$33.38
ATR zone

Latest close ± ATR14

$51.86 - $64.9

Indicators

Trend

Dow Theory Structure

Confirmation $72.28, invalidation $55.49

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

Trend strength is moderate

11.6 / 24.7 / 28.6Bearish
Supertrend (10,3)

Price is above Supertrend

$40.17Bullish
Ichimoku Cloud

Cloud Span A / Span B

$62.84 / $53.71Bearish
Donchian Channel (20)

20-period breakout channel position

35%Range

Volatility

ATR (14)

High volatility

$6.52 (11.17%)Bearish
Bollinger Bands (20,2)

Width 29.59%

31%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$74.18 / $48.47Bearish
ATR channel lower / upper

Current Volatility Envelope

$51.86 / $64.9Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$72.28Range
Support

Nearest Downside Decision Level

$39.9Range

Momentum

RSI (14)

Neutral zone

48.0Range
MACD (12,26,9)

Histogram is negative

-1.061Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.2 / 30.2Bearish
Williams %R (14)

Oversold zone

-82.8Bullish
CCI (20)

Balanced zone

-58.9Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.5Range
OBV slope

20-period OBV slope

-0.61%Bearish
Volume ratio

Relative to 20-period average volume

0.92xRange

Trend

Dow Theory Structure

Confirmation $72.28, invalidation $55.49

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

Trend strength is moderate

11.6 / 24.7 / 28.6Bearish
Supertrend (10,3)

Price is above Supertrend

$40.17Bullish
Ichimoku Cloud

Cloud Span A / Span B

$62.84 / $53.71Bearish
Donchian Channel (20)

20-period breakout channel position

35%Range

Momentum

RSI (14)

Neutral zone

48.0Range
MACD (12,26,9)

Histogram is negative

-1.061Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.2 / 30.2Bearish
Williams %R (14)

Oversold zone

-82.8Bullish
CCI (20)

Balanced zone

-58.9Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$6.52 (11.17%)Bearish
Bollinger Bands (20,2)

Width 29.59%

31%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$74.18 / $48.47Bearish
ATR channel lower / upper

Current Volatility Envelope

$51.86 / $64.9Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.5Range
OBV slope

20-period OBV slope

-0.61%Bearish
Volume ratio

Relative to 20-period average volume

0.92xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$72.28Range
Support

Nearest Downside Decision Level

$39.9Range

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