FCX Stock and Trend Analysis

FCX – FREEPORT-MCMORAN COPPER & GOLD (NYSE:FCX) – Strong Uptrend for This Stock

Freeport McMoran, stock ticker FCX is a mining and production company for copper, gold, silver, cobalt, and molybdenum. Founded in 1987, the Phoenix, Arizona compnay is not the biggest in the mining space for copper and gold.

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Smart Scan Chart Analysis continues positive longer term for the stock FCX. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

Based on a pre-defined weighted trend formula for chart analysis, FCX scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend):

-10 Last Hour Close Below 5 hour Moving Average
+15 New 3 Day High on Wednesday
+20 Last Price Above 20 Day Moving Average
+25 New 3 Week High, Week Ending June 13th
+30 New 3 Month High in June
+90 Total Score

Data Taken from INO.com’s Instant Analysis. Click Here to Get the Trend Analysis Delivered to You Daily or

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