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14.9% Return Seen to Date on SmarTrend Freeport-Mcmoran Call (FCX)

By James Quinn

SmarTrend identified a Downtrend for Freeport-Mcmoran (NYSE:FCX) on April 25th, 2019 at $12.63. In approximately 3 weeks, Freeport-Mcmoran has returned 14.93% as of today's recent price of $10.74.

In the past 52 weeks, shares of Freeport-Mcmoran have traded between a low of $9.60 and a high of $18.38 and are now at $10.74, which is 12% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 0.9%.

Freeport-McMoRan Inc. is an international natural resources company. The Company operates large, long-lived, geographically diverse assets with significant reserves of copper, gold, molybdenum, cobalt, oil, and gas.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Freeport-Mcmoran.

Log in and add Freeport-Mcmoran (FCX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights freeport-mcmoran

Ticker(s): FCX