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Copper Industry Stocks Technical Analysis - FCXArchive - 3/13/2026 - 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 -2.98 points, or -5.02%, and closed at 56.38 on Friday, March 13, 2026. Weekly volume was 15% 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 31.77% 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 48.26 and resistance is at 72.94. 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. 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 55.50 on March 9, 2026. FCX lost 14.25 points, or 20.43%, in 12 days. The price is now at the 6.18% retracement level.
Daily Technical Indicators: [See FCX daily technical indicators chart] Daily technical indicators are neutral. 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.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Materials |
10 |
| Industry |
Copper |
91 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
63.12 |
| High Date |
03/10/2026 |
| Low |
55.98 |
| Low Date |
03/13/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
69.75 |
| High Date |
02/25/2026 |
| Low |
55.50 |
| Low Date |
03/09/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
72.94 |
| Support |
48.26 |
| Low |
35.15 |
| Low Date |
09/25/2025 |
| High |
69.75 |
| High Date |
02/25/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
27.66 |
| Low Date |
04/07/2025 |
| High |
69.75 |
| High Date |
02/25/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
3.52 |
| Low Date |
01/20/2016 |
| High |
69.75 |
| High Date |
02/25/2026 |
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