US stock / ETF

Freeport-McMoran Inc.

FCX · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

FCX 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $59.6 and stabilize above resistance $62.92.

Invalidation Trigger

Break above $62.92 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 40.0, MACD -0.245

4h
Volatility EnvironmentRange
Low volatility

ATR is $1.14 (1.96%)

4h

EMA Structure

Bearish
EMA 8$58.79Bearish
EMA 21$59.6Bearish
EMA 50$60.6Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.0 · MACD -0.245

Momentum is weak

Strength
Bearish
Volatility
ATR $1.14 · BB 9.18%

Low volatility

Strength
Range
Volume
MFI 50.1 · OBV 4.93%

Relative to 20-period average volume

Strength
Range
Price Levels
$56 - $62.92

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+9.75% · 5.0 ATR above latest close

$64.06
Nearest resistance

+7.8% · 4.0 ATR above · 34-bar high

$62.92
Current price

Price shown is delayed

$58.37
Nearest support

-4.06% · 2.1 ATR below · 34-bar low

$56
Deeper support zone

-6.02% · 3.1 ATR below latest close

$54.86
ATR zone

Latest close ± ATR14

$57.23 - $59.51

Indicators

Trend

Dow Theory Structure

Confirmation $56.46, invalidation $62.88

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

Trend strength is active

23.9 / 14.5 / 36.2Bearish
Supertrend (10,3)

Price is above Supertrend

$54.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.25 / $59.65Bearish
Donchian Channel (20)

20-period breakout channel position

30%Range

Volatility

ATR (14)

Low volatility

$1.14 (1.96%)Range
Bollinger Bands (20,2)

Width 9.18%

19%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$61.87 / $57.25Range
ATR channel lower / upper

Current Volatility Envelope

$57.23 / $59.51Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$62.92Range
Support

Nearest Downside Decision Level

$56Range

Momentum

RSI (14)

Momentum is weak

40.0Bearish
MACD (12,26,9)

Histogram is negative

-0.245Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.8 / 31.0Bearish
Williams %R (14)

Neutral zone

-70.2Range
CCI (20)

Balanced zone

-92.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.1Range
OBV slope

20-period OBV slope

4.93%Bullish
Volume ratio

Relative to 20-period average volume

1.97xBullish

Trend

Dow Theory Structure

Confirmation $56.46, invalidation $62.88

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

Trend strength is active

23.9 / 14.5 / 36.2Bearish
Supertrend (10,3)

Price is above Supertrend

$54.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.25 / $59.65Bearish
Donchian Channel (20)

20-period breakout channel position

30%Range

Momentum

RSI (14)

Momentum is weak

40.0Bearish
MACD (12,26,9)

Histogram is negative

-0.245Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.8 / 31.0Bearish
Williams %R (14)

Neutral zone

-70.2Range
CCI (20)

Balanced zone

-92.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$1.14 (1.96%)Range
Bollinger Bands (20,2)

Width 9.18%

19%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$61.87 / $57.25Range
ATR channel lower / upper

Current Volatility Envelope

$57.23 / $59.51Range

Volume / Money Flow

MFI (14)

Money flow is neutral

50.1Range
OBV slope

20-period OBV slope

4.93%Bullish
Volume ratio

Relative to 20-period average volume

1.97xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$62.92Range
Support

Nearest Downside Decision Level

$56Range

Related Forecasts