Freeport Mcmoran Price Trends and Technical Patterns

FCX
 Stock
  

USD 26.68  1.67  5.89%   

This module allows you to plot Freeport Mcmoran against other equities to check for different price appreciation patterns. Freeport-Mcmoran can be compared to up to 10 different equities over a specified time horizon. Use comma (,) to separate each symbol. If not specified, the peers will be provided automatically based on Macroaxis sector classification standards for Freeport-Mcmoran. To filter out specific equities, please toggle its corresponding legend item. Please check Investing Opportunities.
  
As an investor, you can analyze the fundamental pricing momentum and return patterns of Freeport-Mcmoran using the variety of Macroaxis charts. Price and return charts with technical indicators help investors not only visualize the movement but also find long-term investing opportunities.
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Freeport Mcmoran Stock Momentum Indicator Charts

Despite being surrounded by normalized and non-normalized data, technical analysis and forecasting of Freeport chart patterns provide a lot of insight regarding the behavior of crowds concerning fear and greed. Investors that are interested in a particular stock such as Freeport Mcmoran can be considered to be 'the market' for Freeport Mcmoran stock. The emotional state of those investors is what determines the price for Freeport Mcmoran. If more investors feel that Freeport Mcmoran Stock will rise, it most likely will increase; and if more investors feel that the Freeport price will fall, then it will fall. Thus, a stock's price change over time is the most accurate record of the emotional state (i.e., the fear and the greed) of the market for that stock, and thus, technical analysis is, at its core, a study of crowd behavior. Macroaxis various charting interfaces help investors to find opportunities and time the market. Freeport Mcmoran price plot provides a helpful view on the trending direction of the price but hides some likely useful information from an investor. The Freeport Mcmoran's momentum indicator charts help investors identify opportunities when the price moves upward or downward. Traders can also locate a price movement's strength using a momentum indicator line in a price chart. Usually, the formula for price momentum indicators compares the most recent closing price to a previous closing price from any time frame. The momentum indicator is typically displayed as a single line in a different section of a chart than the price line or bars.
Please note that Freeport Mcmoran's momentum indicators aren't going to provide much information beyond what can be seen by looking at the price of Freeport Mcmoran chart itself and comparing it to the benchmark or its competition. If Freeport Mcmoran's price is moving aggressively higher, this will be visible on both the price chart and the momentum indicator. The momentum indicator charts can sometimes be useful to help confirm a price action trading strategy instead of using it to generate trade signals on its own.

Freeport Mcmoran Stock Peer indicators

Technical peer comparison is one of the most widely used and accepted methods of stock analyses among chartists. It analyses Freeport Mcmoran's direct or indirect competition against its essential technical indicators to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Freeport Mcmoran could also be used in its relative valuation, which is a method of valuing Freeport Mcmoran by comparing different technical metrics with those of similar companies.

Freeport-Mcmoran Predictive Pattern Charts

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Freeport-Mcmoran Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
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Freeport Mcmoran Important Indicators

While there is no single technical or fundamental indicator that will always help you time the market, it is essential to watch out for some raw signals communicated by Freeport Mcmoran price movement. Investors usually use a small combination of different predictive indicators, such as period averages, to develop specific strategies before taking a position in Freeport Mcmoran.

Freeport Mcmoran Trend Drivers

Freeport-Mcmoran Basic Value Drivers

Average Daily Volume Last 10 Day17.74M
Average Daily Volume In Three Month19.26M
Fifty Day Average29.78
Enterprise Value To Ebitda4.94
Two Hundred Day Average38.24
Please check Investing Opportunities. Note that the Freeport-Mcmoran information on this page should be used as a complementary analysis to other Freeport Mcmoran's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running Freeport-Mcmoran price analysis, check to measure Freeport Mcmoran's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Freeport Mcmoran is operating at the current time. Most of Freeport Mcmoran's value examination focuses on studying past and present price action to predict the probability of Freeport Mcmoran's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Freeport Mcmoran's price. Additionally, you may evaluate how the addition of Freeport Mcmoran to your portfolios can decrease your overall portfolio volatility.
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Is Freeport Mcmoran's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Freeport Mcmoran. If investors know Freeport will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Freeport Mcmoran listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Freeport-Mcmoran is measured differently than its book value, which is the value of Freeport that is recorded on the company's balance sheet. Investors also form their own opinion of Freeport Mcmoran's value that differs from its market value or its book value, called intrinsic value, which is Freeport Mcmoran's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Freeport Mcmoran's market value can be influenced by many factors that don't directly affect Freeport Mcmoran's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Freeport Mcmoran's value and its price as these two are different measures arrived at by different means. Investors typically determine Freeport Mcmoran value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freeport Mcmoran's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.