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

By James Quinn

SmarTrend identified a Downtrend for Freeport-Mcmoran (NYSE:FCX) on October 1st, 2019 at $9.37. In approximately 1 month, Freeport-Mcmoran has returned 13.24% as of today's recent price of $10.61.

Freeport-Mcmoran share prices have moved between a 52-week high of $14.68 and a 52-week low of $8.43 and are now trading 26% above that low price at $10.61 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.2%.

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