US stock / ETF

Freeport-McMoran Inc.

FCX · NYSE · USD

4 hoursBearish88%
4h Downside probability 88%Bearish

FCX 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $64.93 and stabilize above resistance $72.27.

Invalidation Trigger

Break above $72.27 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 37.2, MACD -0.701

4h
Volatility EnvironmentRange
Medium volatility

ATR is $1.73 (2.8%)

4h

EMA Structure

Bearish
EMA 8$63.11Bearish
EMA 21$64.93Bearish
EMA 50$65.23Bearish

Signals

CategoryReadStrength
Momentum
RSI 37.2 · MACD -0.701

Momentum is weak

Strength
Bearish
Volatility
ATR $1.73 · BB 20.90%

Medium volatility

Strength
Range
Volume
MFI 33.0 · OBV 7.63%

Relative to 20-period average volume

Strength
Range
Price Levels
$61.06 - $72.27

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+19.55% · 7.0 ATR above latest close

$74
Nearest resistance

+16.75% · 6.0 ATR above · 34-bar high

$72.27
Current price

Price shown is delayed

$61.9
Nearest support

-1.36% · 0.5 ATR below · 34-bar low

$61.06
Deeper support zone

-4.16% · 1.5 ATR below latest close

$59.33
ATR zone

Latest close ± ATR14

$60.17 - $63.63

Indicators

Trend

Dow Theory Structure

Confirmation $61.06, invalidation $63.28

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

Trend strength is active

46.2 / 7.6 / 44.0Bearish
Supertrend (10,3)

Price is above Supertrend

$57.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$65.07 / $66.03Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Volatility

ATR (14)

Medium volatility

$1.73 (2.8%)Range
Bollinger Bands (20,2)

Width 20.90%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$68.17 / $61.55Range
ATR channel lower / upper

Current Volatility Envelope

$60.17 / $63.63Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$72.27Range
Support

Nearest Downside Decision Level

$61.06Range

Momentum

RSI (14)

Momentum is weak

37.2Bearish
MACD (12,26,9)

Histogram is negative

-0.701Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.5 / 9.8Bearish
Williams %R (14)

Oversold zone

-92.5Bullish
CCI (20)

Balanced zone

-92.1Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

33.0Bearish
OBV slope

20-period OBV slope

7.63%Bullish
Volume ratio

Relative to 20-period average volume

0.57xBearish

Trend

Dow Theory Structure

Confirmation $61.06, invalidation $63.28

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

Trend strength is active

46.2 / 7.6 / 44.0Bearish
Supertrend (10,3)

Price is above Supertrend

$57.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$65.07 / $66.03Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Momentum

RSI (14)

Momentum is weak

37.2Bearish
MACD (12,26,9)

Histogram is negative

-0.701Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.5 / 9.8Bearish
Williams %R (14)

Oversold zone

-92.5Bullish
CCI (20)

Balanced zone

-92.1Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Medium volatility

$1.73 (2.8%)Range
Bollinger Bands (20,2)

Width 20.90%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$68.17 / $61.55Range
ATR channel lower / upper

Current Volatility Envelope

$60.17 / $63.63Range

Volume / Money Flow

MFI (14)

Money flow is weak

33.0Bearish
OBV slope

20-period OBV slope

7.63%Bullish
Volume ratio

Relative to 20-period average volume

0.57xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$72.27Range
Support

Nearest Downside Decision Level

$61.06Range

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