Freeport-Mcmoran (FCX) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for FCX · data as of Jun 25, 2026. The chart above is live; the read below updates daily.

$62.80last close · Jun 25, 2026

FCX Bearish Pennant Pattern

No chart pattern is currently detected on FCX. The most recent was a Bearish Pennant, detected Mar 3, 2026.

A Bearish Pennant is a breakdown that suggests the recent run may be rolling over. It projects a measured-move target near $51.78 (−17.2%). Across 11,004 backtested bearish pennants, the setup followed through 44.1% of the time, averaging +0.15R; FCX's own bearish pennants have hit 61.1%.

DirectionBearishTarget$51.78Projected move−17.2%Breakout level$61.88

FCX's most recent Symmetrical Triangle trade

FCX's most recent completed Symmetrical Triangle resolved as a win: it broke down on Mar 5, 2026 near $62.66, then reached its target at $51.78 on Mar 19, 2026 — a +1.53R move (17.4%) over 10 sessions. Across 86 backtested symmetrical triangles, this setup wins 58.1% of the time.

OutcomeWinResult+1.53REntry$62.66Exit$51.78

How Bearish Pennants have performed

Win rate
44.1%
Avg return
+0.15R
Backtested trades
11,004
FCX win rate
61.1%

Historical pattern statistics (1986-12-12 – 2026-06-12), not a prediction.

FCX support and resistance levels

Price is being turned away at a ceiling near $71.91 and starting to slide. On the weekly chart, the next floor below sits near $55.23 — about 12% away.

  • Traders commonly watch $55.23 as a target (its 38.2% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • Nothing here is a signal to act — the short would have set up at the $71.91 ceiling about a week ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh entry.

Nearest auto-detected support sits near $56.44, resistance near $72.32. These are chart/swing-derived levels, not formula pivots.

Resistance
$72.32$82.78$93.95
Support
$56.44$53.93

FCX recent daily prices

DateOpenHighLowClose
Jun 25, 2026$63.23$63.75$61.71$62.80
Jun 24, 2026$62.71$62.79$61.05$61.84
Jun 23, 2026$65.43$65.89$63.70$64.40
Jun 22, 2026$68.50$69.91$68.16$69.21
Jun 18, 2026$69.95$70.62$68.02$68.68
Jun 17, 2026$70.13$72.28$68.84$69.06
Jun 16, 2026$70.58$71.52$69.65$70.15
Jun 15, 2026$71.19$71.88$69.25$70.13
Jun 12, 2026$67.21$68.92$66.83$68.41
Jun 11, 2026$63.03$66.60$62.34$66.34

FCX frequently asked questions

What chart pattern is FCX forming right now?
No pattern is currently detected on FCX. The most recent was a Bearish Pennant, detected Mar 3, 2026.
Is a Bearish Pennant bullish or bearish?
The Bearish Pennant detected on FCX is a bearish pattern, projecting a measured-move target of $51.78. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Bearish Pennant pattern, and what is its win rate?
Across TradingPal's backtest of the Bearish Pennant family (11,004 trades over 516 symbols), it resolved in the expected direction 44.1% of the time with an average of +0.15R. These are historical statistics, not a prediction.
What are the support and resistance levels for FCX?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), FCX's nearest support is around $56.44 and nearest resistance around $72.32.
What is the price target if FCX's pattern breaks out?
The detected Bearish Pennant has a geometry-based measured-move target of $51.78 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was FCX's closing price on Jun 25, 2026?
Freeport-Mcmoran (FCX) last closed at $62.80 on Jun 25, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.

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