FREEPORT-MCMORAN INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	FCX
ISIN:

FREEPORT-MCMORAN INC. - Daily - Technical analysis published on 09/12/2023 (GMT)

Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Neutral

Underlying: Neutral

Technical indicators

56%

39%

My opinion

Neutral between 38.31 USD and 43.62 USD

My targets

My analysis

The short-term and basic trend is neutral. In this situation, the price of FREEPORT-MCMORAN INC. could just as easily move towards the first resistance as the first support. No statistical advantage is given for one of these levels to be achieved before the other. It will be necessary to create a new automated analysis when the conditions have progressed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below. The first resistance is located at 43.62 USD. The first support is located at 38.31 USD.

Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

FREEPORT-MCMORAN INC. rating 40.10 USD. On the day, this instrument lost -0.03% with the lowest point at 39.80 USD and the highest point at 40.56 USD. The deviation from the price is +0.75% for the low point and -1.13% for the high point.

39.80

40.56

40.10

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by FREEPORT-MCMORAN INC.:

Technical

Technical analysis of FREEPORT-MCMORAN INC. in Daily shows a neutral overall trend. This generally neutral trend is confirmed by the neutral signals currently given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a moderate bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	37.18	38.31	40.03	40.10	43.62	44.65	46.56
Change (%)	-7.28%	-4.46%	-0.17%	-	+8.78%	+11.35%	+16.11%
Change	-2.92	-1.79	-0.07	-	+3.52	+4.55	+6.46
Level	Minor	Major	Intermediate	-	Major	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	38.93	39.36	39.74	40.17	40.55	40.98	41.36
Camarilla	39.89	39.96	40.04	40.11	40.18	40.26	40.33
Woodie	38.90	39.35	39.71	40.16	40.52	40.97	41.33
Fibonacci	39.36	39.67	39.86	40.17	40.48	40.67	40.98

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	35.68	37.42	38.36	40.10	41.04	42.78	43.72
Camarilla	38.55	38.80	39.04	39.29	39.54	39.78	40.03
Woodie	35.27	37.22	37.95	39.90	40.63	42.58	43.31
Fibonacci	37.42	38.45	39.08	40.10	41.13	41.76	42.78

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	30.72	34.23	37.07	40.58	43.42	46.93	49.77
Camarilla	38.16	38.75	39.33	39.91	40.49	41.07	41.66
Woodie	30.39	34.06	36.74	40.41	43.09	46.76	49.44
Fibonacci	34.23	36.66	38.15	40.58	43.01	44.50	46.93

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	49.73
MACD (12,26,9):	-0.1900
Directional Movement:	-0.33
AROON (14):	42.86
DEMA (21):	39.85
Parabolic SAR (0,02-0,02-0,2):	39.17
Elder Ray (13):	0.14
Super Trend (3,10):	41.65
Zig ZAG (10):	40.20
VORTEX (21):	0.8000
Stochastique (14,3,5):	51.54
TEMA (21):	39.70
Williams %R (14):	-41.29
Chande Momentum Oscillator (20):	1.75
Repulse (5,40,3):	-0.1900
ROCnROLL:	1
TRIX (15,9):	-0.1200
Courbe Coppock:	4.83

MA7:	40.29
MA20:	39.61
MA50:	40.80
MA100:	39.02
MAexp7:	40.03
MAexp20:	40.14
MAexp50:	40.20
MAexp100:	39.68
Price / MA7:	-0.47%
Price / MA20:	+1.24%
Price / MA50:	-1.72%
Price / MA100:	+2.77%
Price / MAexp7:	+0.17%
Price / MAexp20:	-0.10%
Price / MAexp50:	-0.25%
Price / MAexp100:	+1.06%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on FREEPORT-MCMORAN INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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