Country Icon

Freeport-McMoran Copper & Gold, Inc. (FCX) - Buy, Sell or Hold?

Sector: Basic Industries   Sub-Sector: Precious Metals
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 24 Mar 2017DojiDojiThu, 23 Mar 2017-0.16%
***Stock database and scans are updated around midnight (New York time) every trading day.
12.81 0.00 (0%) Mar 24 4:01pm EDT
Open: 12.81 Range: 12.72 - 12.93 Vol: 10.87M Avg Vol: 27.72M
EPS: -3.15 P/E ratio: 0.00 EBITDA: 3.85B Mkt Cap: 18.52B
Analyze "FCX" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 12.76
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 12.85
Last Trade is below the 50 day moving average at 14.45
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 12.72
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of FCX

Stock Trend Analysis - Buy, Sell or Hold "Freeport-McMoran Copper & Gold, Inc." (FCX)?

FCX is in a very strong uptrend. In the last 52 weeks, FCX has been trading above the 200 day moving average for 92% of the time with an average daily volume of 27.7M shares being traded. The 50 day moving average, currently at 14.45, although still maintaining a bullish inclination, is however exhibiting characteristics of a medium term trading range. As the dominant long term trend is still up strongly, the high probability trade is still buying the dips. The 20 day moving average is however exhibiting very weak price action which could indicate early stages of a trend reversal or just a retracement. FCX may be due for an oversold bounce. Objectively, in a strong uptrend, the high probability strategy is to buy dips. A good area for traders who are considering taking a long position in FCX is near the 200 SMA currently at 12.72. 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 $14.97* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 24 Mar 2017
Basic Industries Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
USAPUniversal Stainless & Alloy Products, Inc.Buy, Sell or HoldTrading Levels & Pivots
HXLHexcel CorporationBuy, Sell or HoldTrading Levels & Pivots
VALValspar Corporation (The)Buy, Sell or HoldTrading Levels & Pivots
CENXCentury Aluminum CompanyBuy, Sell or HoldTrading Levels & Pivots
FMCFMC CorporationBuy, Sell or HoldTrading Levels & Pivots
MASMasco CorporationBuy, Sell or HoldTrading Levels & Pivots
ADESADA-ES, Inc.Buy, Sell or HoldTrading Levels & Pivots
MEOHMethanex CorporationBuy, Sell or HoldTrading Levels & Pivots
NPOEnpro IndustriesBuy, Sell or HoldTrading Levels & Pivots
LYBLyondellBasell Industries NVBuy, Sell or HoldTrading Levels & Pivots