US stock / ETF

Freeport-McMoran Inc.

FCX · NYSE · USD

4 hoursBullish69%
4h Upside probability 69%Bullish

FCX 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $66.79 and reclaim $78.64.

Invalidation Trigger

Lose $66.79 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

4h
Momentum StateRange
Momentum mixed

RSI 48.8, MACD 0.332

4h
Volatility EnvironmentRange
Low volatility

ATR is $1.42 (2%)

4h

EMA Structure

Bearish
EMA 8$70.26Bullish
EMA 21$70.63Bullish
EMA 50$71.84Bearish

Signals

CategoryReadStrength
Momentum
RSI 48.8 · MACD 0.332

Neutral zone

Strength
Range
Volatility
ATR $1.42 · BB 6.75%

Low volatility

Strength
Range
Volume
MFI 46.6 · OBV 12.78%

Relative to 20-period average volume

Strength
Range
Price Levels
$66.79 - $78.64

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+13.23% · 6.6 ATR above latest close

$80.06
Nearest resistance

+11.23% · 5.6 ATR above · 34-bar high

$78.64
Current price

Price shown is delayed

$70.7
Nearest support

-5.53% · 2.8 ATR below · 34-bar low

$66.79
Deeper support zone

-7.53% · 3.8 ATR below latest close

$65.37
ATR zone

Latest close ± ATR14

$69.28 - $72.12

Indicators

Trend

Dow Theory Structure

Confirmation $71.01, invalidation $67.8

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

Trend strength is active

48.9 / 23.4 / 21.7Bullish
Supertrend (10,3)

Price is above Supertrend

$66.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$71.13 / $72.72Bearish
Donchian Channel (20)

20-period breakout channel position

66%Range

Volatility

ATR (14)

Low volatility

$1.42 (2%)Range
Bollinger Bands (20,2)

Width 6.75%

64%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$73.31 / $67.83Range
ATR channel lower / upper

Current Volatility Envelope

$69.28 / $72.12Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$78.64Range
Support

Nearest Downside Decision Level

$66.79Range

Momentum

RSI (14)

Neutral zone

48.8Range
MACD (12,26,9)

Histogram is positive

0.332Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

78.0 / 86.7Bearish
Williams %R (14)

Neutral zone

-22.0Range
CCI (20)

Balanced zone

58.1Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.6Range
OBV slope

20-period OBV slope

12.78%Bullish
Volume ratio

Relative to 20-period average volume

1.18xBullish

Trend

Dow Theory Structure

Confirmation $71.01, invalidation $67.8

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

Trend strength is active

48.9 / 23.4 / 21.7Bullish
Supertrend (10,3)

Price is above Supertrend

$66.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$71.13 / $72.72Bearish
Donchian Channel (20)

20-period breakout channel position

66%Range

Momentum

RSI (14)

Neutral zone

48.8Range
MACD (12,26,9)

Histogram is positive

0.332Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

78.0 / 86.7Bearish
Williams %R (14)

Neutral zone

-22.0Range
CCI (20)

Balanced zone

58.1Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Low volatility

$1.42 (2%)Range
Bollinger Bands (20,2)

Width 6.75%

64%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$73.31 / $67.83Range
ATR channel lower / upper

Current Volatility Envelope

$69.28 / $72.12Range

Volume / Money Flow

MFI (14)

Money flow is neutral

46.6Range
OBV slope

20-period OBV slope

12.78%Bullish
Volume ratio

Relative to 20-period average volume

1.18xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$78.64Range
Support

Nearest Downside Decision Level

$66.79Range

Related Forecasts