Trading Signals: FCX Stock Price Prediction and Forecast

^ FCX: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Fri. Sep. 11, 2020

Trading Signals: FCX Stock Price Prediction and Forecast (Mon. Mar. 14, 2016 - Wed. Sep. 27, 2023)

(Freeport-McMoRan, Inc.)
FCX latest price $16.2700 (3.17%) ($15.8700 - $16.4400) on Fri. Sep. 11, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.88% (three month average)
RSI   70
Latest Price   $16.2700(3.17%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   FCX advances 0.9% a day on average for past five trading days.
Weekly Trend   FCX advances 4.1% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Growth stock sell-off for small cap.
Correlated ETFs   Broad market will support FCX advance at 0% a week (0% probability)
XME(73%)    PAVE(67%)    XLB(65%)    REMX(63%)    IFRA(62%)
Factors Impacting FCX price   FCX will decline at least -1.44% in a week (0% probabilities).
UUP(-38%)    VIXM(-37%)    VXX(-16%)    TLT(-11%)    IGOV(-8%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.44% (StdDev 2.88%)
Hourly BBV 0 ()
Intraday Trend 1.8%

5 Day Moving Average   $15.98(1.81%)
10 Day Moving Average   $15.92(2.2%)
20 Day Moving Average   $15.26(6.62%)
To recent high   0%
To recent low   64.2%
Market Cap   $23.657b

FCX is a leading international mining company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. FCX is one of the world's largest publicly traded copper producers. FCX's portfolio of assets includes the Grasberg minerals district in Indonesia, one of the world's largest copper and gold deposits; and significant mining operations in North America and South America, including the large-scale Morenci minerals district in Arizona and the Cerro Verde operation in Peru. By supplying responsibly produced copper, FCX is proud to be a positive contributor to the world well beyond its operational boundaries. Additional information about FCX is available on FCX's website at 'fcx.com.'

$. FCX price fluctuates within 5.05% (three month std-dev: 2.88%) daily (68% of days).

Sample size 35 Average positive next day return: 1.5%(49%) Average negative next day return: -1.02%(51%) Sample size 35 Average positive next three day return: 2.1%(51%) Average negative next three day return: -2.27%(49%) Sample size 35 Average positive next weekly return: 3.64%(46%) Average negative next weekly return: -4.24%(54%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201011

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Sep_11_2020	11.96	15.26	15.92	15.98	15.97	16.08	16.27(3.17%)	UT	OpenLong	75	0.4	28	50	8	89	21.09	70%	0.67	66.3	2.88%	0	1.3	70	0.3
2	Sep_10_2020	11.88	15.14	15.79	15.84	15.88	16.04	15.77(-2.29%)	UD	OpenLong	75	-0.1	17	80	-0	68	20.86	69%	0.76	55.6	3.37%	0	0.8	62	-0.6
3	Sep_9_2020	11.79	15.05	15.73	15.94	15.78	15.86	16.14(2.67%)	UT	OpenLong	75	0.2	21	10	2	79	17.46	69%	0.68	58.4	3.36%	0	1.3	62	-0.4
4	Sep_8_2020	11.71	14.94	15.56	15.95	15.81	15.71	15.72(-1.87%)	UD	OpenLong	75	-0.3	21	-70	0	82	19.28	69%	1.04	66.2	3.35%	0	1	65	-1.2
5	Sep_4_2020	11.59	14.88	15.46	15.93	15.88	15.7	16.02(2.96%)	UT	OpenLong	75	0.1	22	-90	-0	87	21.91	69%	0.7	75.8	3.4%	0	1.5	70	-1.6

6	Sep_3_2020	11.51	14.77	15.29	15.85	15.87	15.91	15.56(-4.36%)	UD	OpenLong	75	-0.4	26	20	3	93	18.69	69%	0.7	84.4	3.39%	0	1.1	71	-3.2
7	Sep_2_2020	11.43	14.72	15.21	15.72	15.82	16.05	16.27(0.56%)	UT	HoldLong	65	0.8	38	120	16	103	23.3	73%	0.7	91.9	3.35%	0	2.1	79	-1.3
8	Sep_1_2020	11.35	14.6	15.07	15.47	15.54	15.82	16.18(3.65%)	UT	OpenLong	75	1	40	140	20	100	18.89	73%	0.71	88.2	3.38%	0	2.2	75	-1
9	Aug_31_2020	11.27	14.43	14.88	15.13	15.24	15.58	15.61(-0.26%)	UD	OpenLong	75	0.7	33	180	16	82	15.36	72%	0.45	78.4	3.37%	0	1.8	72	-0.6
10	Aug_28_2020	11.22	14.31	14.73	14.92	14.94	15.26	15.65(5.03%)	UT	OpenLong	75	1.1	30	150	18	67	16.42	72%	0.63	66.7	3.37%	0	2	64	0.5

11	Aug_27_2020	11.15	14.17	14.54	14.66	14.72	14.89	14.9(-0.73%)	UD	OpenLong	75	0.4	16	90	7	44	17.64	69%	0.63	57.3	3.35%	0	1.1	63	0.5
12	Aug_26_2020	11.08	14.07	14.43	14.62	14.54	14.62	15.01(3.8%)	UT	OpenLong	75	0.6	9	20	2	31	15.34	69%	0.73	53.2	3.35%	0	1.5	54	1
13	Aug_25_2020	11	13.99	14.32	14.6	14.52	14.54	14.46(-0.69%)	UD	OpenLong	75	-0.2	8	-10	1	30	9.57	67%	0.64	53.4	3.39%	0	0.8	57	1.3
14	Aug_24_2020	10.93	13.93	14.28	14.59	14.59	14.46	14.56(1.39%)	UT	OpenLong	75	-0	13	-60	3	43	12.82	67%	0.83	52.3	3.41%	0	1	68	1.3
15	Aug_21_2020	10.84	13.87	14.25	14.5	14.56	14.51	14.36(-2.31%)	UD	OpenLong	75	-0.2	14	-10	2	51	11.53	67%	0.74	49.5	3.43%	0	0.8	64	1.4

16	Aug_20_2020	10.76	13.81	14.21	14.39	14.5	14.73	14.7(-1.61%)	UD	OpenLong	75	0.5	23	130	11	60	13.83	67%	0.75	41.7	3.43%	0	1.5	69	1.5
17	Aug_19_2020	10.68	13.74	14.19	14.2	14.29	14.61	14.94(3.68%)	UT	OpenLong	75	1.3	29	180	15	69	28.04	67%	0.85	34.6	3.42%	0	2.1	72	1.5
18	Aug_18_2020	10.59	13.67	14.09	14.01	14.05	14.27	14.41(2.2%)	UT	OpenLong	75	0.8	22	120	9	62	13.58	70%	0.76	29	3.4%	0	1.5	62	1.8
19	Aug_17_2020	10.51	13.61	13.95	13.92	13.97	13.97	14.1(2.32%)	UT	HoldLong	50	0.4	11	10	-1	48	12.22	70%	0.77	24.3	3.52%	0	1	61	1.9
20	Aug_14_2020	10.43	13.58	13.85	13.98	13.99	13.84	13.78(-0.07%)	UD	OpenLong	65	-0.4	9	-70	-4	47	9.31	70%	0.68	33.5	3.52%	0	0.4	53	1.6

21	Aug_13_2020	10.36	13.57	13.78	14.01	14.11	13.98	13.79(-1.29%)	UD	OpenLong	65	-0.5	5	-40	-9	47	18.25	70%	0.68	42.2	3.53%	0	0.5	59	1.5
22	Aug_12_2020	10.29	13.55	13.7	14.01	14.15	14.14	13.97(0.07%)	UD	OpenLong	65	-0.4	13	-10	-2	58	12.01	70%	0.68	58.7	3.55%	0	0.9	57	1.6
23	Aug_11_2020	10.22	13.53	13.63	14.17	14.2	14.24	13.96(-2.92%)	UD	OpenLong	75	-0.5	23	30	11	60	18.49	70%	0.89	68.3	3.59%	0	1	53	1.1
24	Aug_10_2020	10.13	13.5	13.56	13.96	14.09	14.15	14.38(3.01%)	UT	OpenLong	75	1	21	60	13	46	20.17	70%	0.9	63.8	3.59%	0	2	60	1.7
25	Aug_7_2020	10.04	13.43	13.47	13.71	13.72	14.17	13.96(-4.12%)	UD	OpenLong	75	0.6	16	230	12	29	21.12	70%		55.4	3.58%	0	1.3	56	1.6
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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