TECHNICAL ANALYSIS
FCX
Freeport-McMoRan
TECHNICAL RATING
TECHNICAL SCORE
31 / 100
Summary
Price sits about 7.3% below the 20-day and 9.2% below the 50-day moving averages while remaining roughly 0.7% above the 200-day, and the 50/200 relationship is currently a Golden cross. Momentum is bearish: MACD is below its signal line and the histogram is negative, while RSI at 34.1 is in the weak band and falling, so momentum and trend are pointing in the same direction. The stock has broken below the lower Bollinger Band and trading volume is a touch below its 20-day average, which reduces conviction for a quick reversal. Watch for a sustained rally that pushes price back toward the 20- and 50-day averages on higher volume, or a MACD crossover, to change the near-term picture.
Price & Moving Averages
Volume
RSI (14)
MACD (12/26/9)
Formula & Methodology
Short-term trendPrice vs. 20-day moving average (weight 10%)
Intermediate trendPrice vs. 50-day moving average (weight 15%)
Long-term regimePrice vs. 200-day moving average (weight 25%)
Cross state50/200 Golden or Death cross (weight 10%)
Momentum + trendMACD 12/26/9 vs signal line (weight 15%)
Momentum bandsRSI (14) state (weight 10%)
VolatilityBollinger-band position (weight 5%)
ConfirmationVolume vs 20-day average (weight 10%)
Rating ruleFormula: the Technical Score is a weighted composite of eight inputs. Trend inputs — price vs. the 20-day (10%), 50-day (15%), and 200-day (25%) moving averages, and the 50/200 Golden or Death cross state (10%) — carry roughly 60% of the weight. Momentum inputs — MACD (12/26/9) vs. its signal line (15%) and RSI (14) state (10%) — carry 25%. Bollinger-band position (5%) and volume vs. the 20-day average (10%) round out the remainder. Each input contributes +1, 0, or -1, weights are re-normalized when a component is unavailable, and the weighted sum is thresholded at +/-0.45 to Bullish, Neutral, or Bearish.
Data Source
Market data sourced from Tiingo. End-of-day prices and volume power the charts and indicators (MA20/50/200, RSI, MACD, Bollinger Bands, Volume) on this page. This page is informational analysis, not investment advice. See Financial Disclaimer.