Freeport-McMoran (FCX, $37.63) price may drop as it broke higher Bollinger Band on Apr 24, 2025

#OtherMetalsMinerals, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #LargeCap, #SP500
FCX - Freeport-McMoran
Bollinger signal
Bearish Trend
70%
Odds of DOWN Trend
Price: $37.63
Daily change: +$2.44 (+6.93%)
Daily volume: 24M
Capitalization: $52.7B
Industry: Other Metals/Minerals

This price move could be a signal that FCX may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 54 similar cases where FCX's price broke its higher Bollinger Band, and 38 of them led to a successful outcome. Odds of Success: 70%.