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Archive - 1/23/2026 - 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 a third consecutive positive week for the Freeport-McMoran Cp & Gld (FCX). During the week, the FCX gained 1.70 points, or 2.90%, and closed at 60.41 on Friday, January 23, 2026. Weekly volume was 44% 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 62.13 on January 21, 2026. FCX gained -34.47 points, or -124.62%, in 41 weeks. Price is near the trend high.
Medium-term trend: [See FCX medium-term trend chart] A medium-term uptrend had started on September 25, 2025 at 35.15 and reached 62.13 on January 21, 2026. FCX gained -26.98 points, or -76.76%, in 16 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (43.06) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 resistance line in a medium-term trend.
Weekly Technical Indicators: [See FCX weekly technical indicators chart] Weekly Relative Strength Index is overbought while Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index or strongly overbought weekly 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 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 near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.
Short-term trend: [See FCX short-term trend chart] A short-term uptrend had started on November 6, 2025 at 38.54 and reached 62.13 on January 21, 2026. FCX gained -23.59 points, or -61.21%, in 76 days. The chart has formed a Rising Channel chart pattern. The trend support level is at 58.35 and resistance is at 62.89. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a short-term trend.
Daily Technical Indicators: [See FCX daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. The daily MACD line is above its signal line since November 21, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
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