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Archive
- 8/8/2025 -
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Freeport-McMoran Cp & Gld (FCX) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was a first positive week for the Freeport-McMoran Cp & Gld (FCX). During the week, the FCX gained 1.84 points, or 4.60%, and closed at 41.87 on Friday, August 8, 2025. Weekly volume was -21% below average.
 Long-term trend: [See FCX long-term trend chart]
A long-term downtrend had started on May 20, 2024 at 55.24 and reached 27.66 on April 7, 2025. FCX lost 27.58 points, or 49.93%, in 46 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 21.88 and resistance is at 46.23. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
 Medium-term trend: [See FCX medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 27.66 and reached 49.12 on July 8, 2025. FCX gained -21.46 points, or -77.58%, in 13 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (47.47) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support 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 May 2, 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 July 8, 2025 at 49.12 and reached 38.34 on July 30, 2025. FCX lost 10.78 points, or 21.95%, in 22 days. The price is now at the 32.75% 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 July 14, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
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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 |
5 |
| Industry |
Copper |
58 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
46.26 |
| High Date |
07/22/2025 |
| Low |
38.34 |
| Low Date |
07/30/2025 |
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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 |
49.12 |
| High Date |
07/08/2025 |
| Low |
38.34 |
| Low Date |
07/30/2025 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Wedge |
| Status |
Broken Support |
| Resistance |
47.81 |
| Support |
47.47 |
| Low |
27.66 |
| Low Date |
04/07/2025 |
| High |
49.12 |
| High Date |
07/08/2025 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Broadening Descending Wedge |
| Status |
Valid |
| Resistance |
46.23 |
| Support |
21.88 |
| High |
55.24 |
| High Date |
05/20/2024 |
| Low |
27.66 |
| Low Date |
04/07/2025 |
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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 |
55.24 |
| High Date |
05/20/2024 |
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