Freeport-McMoran Copper & Gold, Inc. (FCX) - Buy, Sell or Hold?
Sector: Basic Industries Sub-Sector: Precious Metals
| Trade Date | Current Candlestick Pattern | Previous Candlestick Pattern | When | Performance Since |
|---|---|---|---|---|
| Fri, 17 Nov 2017 | Bullish Engulfing | Bearish Engulfing | Fri, 10 Nov 2017 | -3.82% |
| ***Stock database and scans are updated around midnight (New York time) every trading day. | ||||
13.86 0.00 (0%) Nov 17 4:00pm EDT
Open: 13.51 Range: 13.50 - 13.93 Vol: 15.33M Avg Vol: 18.19M
Analyze "FCX" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 13.87
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 14.34
Last Trade is below the 50 day moving average at 14.36
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 13.44
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
How to use this info: Stock Timing With Moving Averages
News on "FCX" Stock
| Basic Industries Stocks Above 200 Day Moving-Average | |||
|---|---|---|---|
| Ticker | Name | Trend Analysis | Support/Resistance |
| CHNR | China Natural Resources, Inc. | Buy, Sell or Hold | Trading Levels & Pivots |
| GLDD | Great Lakes Dredge & Dock Corporation | Buy, Sell or Hold | Trading Levels & Pivots |
| HCCI | Heritage-Crystal Clean, Inc. | Buy, Sell or Hold | Trading Levels & Pivots |
| CADC | China Advanced Construction Materials Group, Inc. | Buy, Sell or Hold | Trading Levels & Pivots |
| STLD | Steel Dynamics, Inc. | Buy, Sell or Hold | Trading Levels & Pivots |
| PATK | Patrick Industries, Inc. | Buy, Sell or Hold | Trading Levels & Pivots |
| FSTR | L.B. Foster Company | Buy, Sell or Hold | Trading Levels & Pivots |
| CDXS | Codexis, Inc. | Buy, Sell or Hold | Trading Levels & Pivots |
| MTRX | Matrix Service Company | Buy, Sell or Hold | Trading Levels & Pivots |
| BIOF | BioFuel Energy Corp. | Buy, Sell or Hold | Trading Levels & Pivots |
Stock Trend Analysis - Buy, Sell or Hold "Freeport-McMoran Copper & Gold, Inc." (FCX)?
FCX is in a long term trading range with an upward bias. The last 52 weeks has seen this stock maintain an upward swing with about 71% of the time spent trading above the 200 day moving average. The 50 day moving average also indicates range bound trading but with a general bullish upside bias. Even the 20 day moving average is exhibiting similar bullish bias in a trading range. For adventurous traders, once a trading range is identified, a viable strategy is to short breakouts and buy breakdowns with the expectation FCX will return into the established trading range. However, a more conservative and higher probability trade is to still buy dips as the longer term trend is still up. A good place to accummulate longs is at the 200 SMA currently near 13.44. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "FCX".The analyst consensus estimates for the 1 year price target for this stock is $16.17* (*source: Yahoo Finance).