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FCX
Stock ticker: NYSE
AS OF
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Price
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Capitalization
53.37B

FCX Price Prediction, Freeport-McMoran AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for FCX with price predictions
08:00 PM EDT Sep 21, 2023

FCX in -3.98% downward trend, declining for three consecutive days on September 22, 2023

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where FCX declined for three days, in of 296 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 18, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on FCX as a result. In of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for FCX turned negative on September 19, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .

FCX moved below its 50-day moving average on September 06, 2023 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for FCX crossed bearishly below the 50-day moving average on August 21, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

The Aroon Indicator for FCX entered a downward trend on September 06, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FCX advanced for three days, in of 303 cases, the price rose further within the following month. The odds of a continued upward trend are .

FCX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.294) is normal, around the industry mean (6.448). P/E Ratio (25.316) is within average values for comparable stocks, (97.725). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (3.103). Dividend Yield (0.016) settles around the average of (0.061) among similar stocks. P/S Ratio (2.451) is also within normal values, averaging (225.027).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 87, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. FCX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

A.I. Advisor
published Earnings

FCX is expected to report earnings to rise 7.29% to 37 cents per share on October 25

Freeport-McMoran FCX Stock Earnings Reports
Q3'23
Est.
$0.38
Q2'23
Missed
by $0.02
Q1'23
Beat
by $0.09
Q4'22
Beat
by $0.08
Q3'22
Beat
by $0.02
The last earnings report on July 20 showed earnings per share of 34 cents, missing the estimate of 37 cents. With 7.70M shares outstanding, the current market capitalization sits at 53.37B.
A.I.Advisor
published Dividends

FCX paid dividends on August 01, 2023

Freeport-McMoran FCX Stock Dividends
А dividend of $0.15 per share was paid with a record date of August 01, 2023, and an ex-dividend date of July 13, 2023. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are BHP Group Limited (NYSE:BHP), Vale SA (NYSE:VALE), Freeport-McMoran (NYSE:FCX), Teck Resources Limited (NYSE:TECK), Cameco Corp (NYSE:CCJ).

Industry description

The category includes companies that explore for, mine and extract metals, such as copper, diamonds, nickel, cobalt ore, lead, zinc and uranium. BHP, Rio Tinto and Southern Copper Corporation are major players in this space.

Market Cap

The average market capitalization across the Other Metals/Minerals Industry is 2.4B. The market cap for tickers in the group ranges from 230 to 223.12B. BHPBF holds the highest valuation in this group at 223.12B. The lowest valued company is BAJFF at 230.

High and low price notable news

The average weekly price growth across all stocks in the Other Metals/Minerals Industry was -1%. For the same Industry, the average monthly price growth was 1%, and the average quarterly price growth was -2%. FUST experienced the highest price growth at 108%, while SNLGF experienced the biggest fall at -43%.

Volume

The average weekly volume growth across all stocks in the Other Metals/Minerals Industry was -35%. For the same stocks of the Industry, the average monthly volume growth was 12% and the average quarterly volume growth was -19%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 54
P/E Growth Rating: 80
Price Growth Rating: 63
SMR Rating: 89
Profit Risk Rating: 87
Seasonality Score: -11 (-100 ... +100)
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A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a copper, gold and molybdenum mining company

Industry OtherMetalsMinerals

Profile
Fundamentals
Details
Industry
Precious Metals
Address
333 North Central Avenue
Phone
+1 602 366-8100
Employees
25600
Web
https://www.fcx.com
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FCX and

Correlation & Price change

A.I.dvisor indicates that over the last year, FCX has been closely correlated with SCCO. These tickers have moved in lockstep 84% of the time. This A.I.-generated data suggests there is a high statistical probability that if FCX jumps, then SCCO could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FCX
1D Price
Change %
FCX100%
-0.21%
SCCO - FCX
84%
Closely correlated
-1.67%
BHP - FCX
80%
Closely correlated
+1.94%
RIO - FCX
79%
Closely correlated
+0.52%
HBM - FCX
76%
Closely correlated
-0.21%
TECK - FCX
71%
Closely correlated
-0.35%
More