Freeport-mcmoran Stock Forecast

Sell candidate since Jul 10, 2026 Loss -2.51%

The Freeport-McMoran stock price fell by -2.51% on the last day (Monday, 13th Jul 2026) from $61.52 to $59.98. During the last trading day the stock fluctuated 3.97% from a day low at $59.63 to a day high of $62.00. The price has been going up and down for this period, and there has been a -3.78% loss for the last 2 weeks. Volume has increased on the last day by 4 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 13 million shares were bought and sold for approximately $750.40 million.

The stock is moving within a very wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Freeport-McMoran stock with a 90% probability to be traded between $53.91 and $70.15 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

FCX Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, July 08, 2026, and so far it has risen 4.34%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Freeport-McMoran stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $60.10 and $64.45. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Freeport-McMoran stock

Freeport-McMoran finds support from accumulated volume at $57.78 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $2.37 between high and low, or 3.97%. For the last week, the stock has had daily average volatility of 4.16%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (FCX) For The Upcoming Trading Day Of Tuesday 14th

For the upcoming trading day on Tuesday, 14th we expect Freeport-McMoran Inc to open at $60.54, and during the day (based on 14 day Average True Range), to move between $58.61 and $61.34, which gives a possible trading interval of +/-$2.73 (+/-4.67%) up or down from last closing price. If Freeport-McMoran Inc takes out the full calculated possible swing range there will be an estimated 4.67% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $60.55 (0.96%) than the support at $57.78 (3.66%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Dividend Warning For FCX

Dividend warning for FCX: Ex-dividend date is approaching in 1 day on Wednesday 15th July, 2026. The dividend to be paid is $0.150, which is a small dividend (0.250%). The stock is expected to open approximately 0.250% lower on the ex-dividend date.

Is Freeport-McMoran Inc stock A Buy?

Freeport-McMoran holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -1.023 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 14, 2026 - $60.54 ( 0.93%).

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