Trading Signals: FCX Stock Price Prediction and Forecast

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

Fri. Dec. 18, 2020

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

(Freeport-McMoRan, Inc.)
FCX latest price $24.6300 (-0.36%) ($24.4150 - $24.9000) on Fri. Dec. 18, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.84% (three month average)
RSI   65
Latest Price   $24.6300(-0.36%)
Stocks Behave Similarly   Similar Stock List
Weekly Trend   FCX advances 0.4% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Value stock sell-off for small cap.
Correlated ETFs   Broad market will support FCX advance at 0% a week (0% probability)
XME(72%)    PAVE(66%)    REMX(64%)    XLB(64%)    DRIV(62%)
Factors Impacting FCX price   FCX will decline at least -1.42% in a week (0% probabilities).
UUP(-38%)    VIXM(-36%)    VXX(-15%)    TLT(-9%)    EDOC(-3%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.42% (StdDev 2.84%)
Hourly BBV 0 ()
Intraday Trend -0.4%

5 Day Moving Average   $24.37(1.07%)
10 Day Moving Average   $24.48(0.61%)
20 Day Moving Average   $23.98(2.71%)
To recent high   -1.7%
To recent low   66.8%
Market Cap   $35.812b

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 3.96% (three month std-dev: 2.84%) daily (68% of days).

Sample size 14 Average positive next day return: 1.21%(64%) Average negative next day return: -0.85%(36%) Sample size 14 Average positive next three day return: 1.66%(79%) Average negative next three day return: -4.59%(21%) Sample size 14 Average positive next weekly return: 3.98%(29%) Average negative next weekly return: -2.29%(71%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210118

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	Dec_18_2020	17.97	23.98	24.48	24.37	24.5	24.74	24.63(-0.36%)	UD	OpenLong	75	0.3	6	80	4	11	23.16	57%	0.67	91.9	2.84%	0	0.7	65	1.2
2	Dec_17_2020	17.85	23.82	24.52	24.36	24.41	24.57	24.72(1.35%)	UT	OpenLong	75	0.3	10	50	5	23	13.31	57%	0.68	86.5	2.84%	0	0.8	64	1.6
3	Dec_16_2020	17.73	23.63	24.48	24.39	24.34	24.26	24.39(0.37%)	UD	OpenLong	65	0	6	-30	-2	29	13.38	57%	0.62	81.8	2.84%	0	0.6	61	1.5
4	Dec_15_2020	17.62	23.47	24.46	24.41	24.45	24.25	24.3(2.1%)	UD	OpenLong	65	-0.1	6	-50	-4	37	11.71	57%	0.63	81.3	2.85%	0	0.6	65	0.8
5	Dec_14_2020	17.51	23.31	24.4	24.44	24.51	24.42	23.8(-3.29%)	UD	OpenLong	65	-0.4	6	-20	-9	52	15.44	57%	0.57	82.6	2.84%	0	0.3	72	-0.6

6	Dec_11_2020	17.41	23.14	24.38	24.6	24.54	24.66	24.61(-1.01%)	UD	OpenLong	65	0	20	30	-2	84	14.65	61%	0.69	82.5	2.8%	0	0.9	84	0.3
7	Dec_10_2020	17.29	22.89	24.27	24.69	24.57	24.61	24.86(1.64%)	UT	HoldLong	65	0.1	33	-0	6	115	17.24	61%	0.64	81	2.81%	0	1.1	88	0.9
8	Dec_9_2020	17.18	22.63	24.14	24.59	24.57	24.42	24.46(-0.04%)	UD	OpenLong	75	-0.1	34	-50	0	135	16.01	61%	0.64	81.4	2.83%	0	1	88	1
9	Dec_8_2020	17.07	22.4	24.01	24.52	24.62	24.53	24.47(-0.45%)	UD	OpenLong	75	-0	39	-10	1	154	12.59	61%	0.71	82.5	2.84%	0	1.1	82	1.6
10	Dec_7_2020	16.95	22.17	23.77	24.35	24.45	24.83	24.58(-1.92%)	UD	OpenLong	75	0.1	49	120	11	161	19.79	61%	0.65	84.7	2.85%	0	1.3	84	1.1

11	Dec_4_2020	16.84	21.9	23.45	24.11	24.26	24.7	25.06(2.75%)	UT	HoldLong	65	0.5	60	150	24	168	31.95	61%	0.66	86.1	2.86%	0	1.7	92	1.2
12	Dec_3_2020	16.73	21.58	23.06	23.8	23.87	24.06	24.39(1.29%)	UT	HoldLong	65	0.3	50	60	11	167	24.57	58%	0.66	88.5	2.86%	0	1.6	92	0.9
13	Dec_2_2020	16.62	21.26	22.7	23.63	23.7	23.81	24.08(1.86%)	UT	HoldLong	65	0.2	49	40	9	170	18.43	58%	0.67	88.4	2.93%	0	1.6	91	1
14	Dec_1_2020	16.51	20.99	22.39	23.44	23.58	23.69	23.64(1.07%)	UT	HoldLong	65	0.1	56	50	15	179	20.48	60%	0.67	92.5	2.93%	0	1.5	85	1
15	Nov_30_2020	16.4	20.72	22.12	23.09	23.28	23.59	23.39(-0.55%)	UD	OpenLong	75	0.2	59	120	19	178	25.72	60%	0.61	91	2.93%	0	1.6	84	1.1

16	Nov_27_2020	16.3	20.42	21.8	22.67	22.84	23.48	23.52(-0.08%)	UD	OpenLong	75	0.5	65	220	30	170	12.31	62%	0.87	80.6	2.97%	0	1.8	88	1.1
17	Nov_25_2020	16.16	20.11	21.4	22.18	22.25	22.96	23.54(1.86%)	UT	HoldLong	65	0.8	66	230	36	157	19.47	63%	0.69	69	2.98%	0	1.9	89	1.3
18	Nov_24_2020	16.05	19.78	20.99	21.62	21.66	22.2	23.11(5.48%)	UT	HoldLong	65	0.9	57	180	29	140	35.9	63%	0.69	62.5	2.98%	0	2.1	90	1.1
19	Nov_23_2020	15.94	19.5	20.65	21.2	21.21	21.53	21.91(3.11%)	UT	OpenLong	75	0.5	43	110	15	127	21.93	61%	0.38	61	2.92%	0	1.6	75	1.1
20	Nov_20_2020	15.88	19.27	20.43	21.02	21	21.12	21.25(0.66%)	UT	HoldLong	65	0.2	44	40	13	135	20.38	60%	0.57	63.3	2.93%	0	1.4	76	1.2

21	Nov_19_2020	15.79	19.11	20.22	20.8	20.85	20.89	21.11(1.93%)	UT	HoldLong	65	0.2	46	20	13	143	13.5	61%	0.64	67.4	2.94%	0	1.6	79	1.3
22	Nov_18_2020	15.69	18.97	19.99	20.48	20.61	20.87	20.71(-1.52%)	UD	OpenLong	75	0.2	44	110	12	140	12.59	61%	0.58	68.2	2.96%	0	1.4	76	1.3
23	Nov_17_2020	15.6	18.81	19.73	20.24	20.3	20.8	21.03(0.14%)	UT	HoldLong	65	0.7	50	180	19	144	17.94	61%	0.65	69.1	2.96%	0	1.9	82	1.6
24	Nov_16_2020	15.5	18.64	19.49	20	19.99	20.35	21(4.27%)	UT	OpenLong	75	0.9	51	120	20	145	20.64	61%	0.71	71.7	2.96%	0	2.1	71	1.6
25	Nov_13_2020	15.39	18.44	19.21	19.76	19.73	19.8	20.14(3.18%)	UT	OpenLong	75	0.4	42	20	9	140	20.03	59%		74.7	2.93%	0	1.7	70	1.5
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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