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Copper Industry Stocks Technical Analysis - FCXArchive - 3/20/2026 - Sign In to see current Signals. |
Freeport-McMoran Cp & Gld (FCX) Technical Analysis
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| Summary:
| | Weekly : | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the Freeport-McMoran Cp & Gld (FCX). During the week, the FCX dropped -4.29 points, or -7.61%, and closed at 52.09 on Friday, March 20, 2026. Weekly volume was 13% above average. FCX is a member of Materials Sector. Materials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See FCX long-term trend chart] A long-term uptrend had started on April 7, 2025 at 27.66 and reached 69.75 on February 25, 2026. FCX gained -42.09 points, or -152.17%, in 46 weeks. The price is now at the 41.96% retracement level.
Medium-term trend: [See FCX medium-term trend chart] A medium-term uptrend had started on September 25, 2025 at 35.15 and reached 69.75 on February 25, 2026. FCX gained -34.60 points, or -98.44%, in 21 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 48.82 and resistance is at 74.26. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See FCX weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since December 5, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See FCX short-term trend chart] A short-term downtrend had started on February 25, 2026 at 69.75 and reached 50.79 on March 19, 2026. FCX lost 18.96 points, or 27.18%, in 22 days. The price is now at the 6.86% retracement level.
Daily Technical Indicators: [See FCX daily technical indicators chart] Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The daily MACD line is below its signal line since March 3, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term downtrend is strong. The distance between the Bollinger Bands is 103.13% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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