Freeport-Mcmoran(FCX)

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

Auto-detected technical analysis for FCX · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$65.00last close · Jul 22, 202652-week range $35.15 – $72.28 · 10.07% below the high

Ascending Triangle · playing out now

FCX is breaking down from a ascending triangle — a sign the recent run may be rolling over.

On this chart, setups like it have followed through about 58% of the time.

As long as price stays below $72.28, it's in play — a daily close back above there calls it off.

The move's natural target sits near $52.01.

FCX Bullish Pennant Pattern

FCX is currently forming a bullish pennant on the daily timeframe. Detected Jul 22, 2026.

DirectionBullishTarget$89.81Projected move+30.2%Breakout level$73.02

New to this pattern? What a bullish pennant is and how to trade it →

How Bullish Pennants Have Performed

Win rate

57.3%

Avg return

+0.82R

Backtested trades

3,749

FCX win rate

63.6%

Historical pattern statistics (1987-02-04 – 2026-06-30), not a prediction.

How these backtests work →

FCX Pattern Trade History

Every completed pattern trade our nightly backtest found on FCX's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Triangle	Mar 5, 2026 @ $64.15	Mar 19, 2026 @ $54.24	Win	+20.9% · +1.77R
Bullish Pennant	Feb 20, 2026 @ $64.34	Mar 13, 2026 @ $56.38	Loss	+19.3% · -1.55R
Bullish Pennant	Nov 26, 2025 @ $41.98	Jan 30, 2026 @ $60.23	Win	+33.8% · +5.83R
Triangle	Oct 30, 2025 @ $41.68	Dec 3, 2025 @ $44.53	Loss	+28.3% · -1.58R
Triangle	Sep 23, 2025 @ $45.20	Sep 24, 2025 @ $42.26	Win	+7.8% · +2.70R
Triangle	Sep 24, 2024 @ $48.18	Oct 8, 2024 @ $48.59	Win	+17.2% · +0.05R
Rising Wedge	Jun 3, 2024 @ $51.56	Jul 18, 2024 @ $45.90	Win	+13.3% · +1.54R
Falling Wedge	Mar 5, 2024 @ $38.26	Mar 26, 2024 @ $44.73	Win	+10.3% · +4.30R
Falling Wedge	Feb 21, 2024 @ $38.66	Mar 26, 2024 @ $44.73	Win	+9.8% · +2.53R
Bullish Pennant	Feb 16, 2024 @ $39.10	Mar 26, 2024 @ $44.73	Win	+16.6% · +1.98R
Triangle	Oct 21, 2022 @ $29.40	Nov 17, 2022 @ $36.36	Win	+19.8% · +3.66R
Triangle	Aug 25, 2022 @ $31.90	Sep 1, 2022 @ $28.09	Loss	+26.7% · -1.46R

Bullish Pennant Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

FTNTFortinet

Winning trade · +7.3%

Opened Jun 25, 2026

Closed Jul 16, 2026

Open FTNT’s live chart →

INTCIntel

Losing trade · −21.2%

Opened Jun 12, 2026

Closed Jul 16, 2026

Open INTC’s live chart →

PMPhilip Morris International

Losing trade · −4.3%

Opened Jun 30, 2026

Closed Jul 14, 2026

Open PM’s live chart →

DALDelta Air Lines

Winning trade · +17.5%

Opened May 21, 2026

Closed Jul 7, 2026

Open DAL’s live chart →

Learn about bullish pennant

FCX Support and Resistance Levels

Price is bouncing off a floor near $58.27 and starting to climb. On the weekly chart, the next ceiling overhead sits near $81.47 — about 25% away.

Traders commonly watch $81.47 as a target (its 161.8% extension) — think of it as a sensible next stop, not a guarantee.
That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
There's nothing to act on here — the spot to watch was the $58.27 floor just now, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

FCX Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$62.94	$65.08	$62.62	$65.00
Jul 21, 2026	$61.09	$62.67	$60.47	$62.56
Jul 20, 2026	$59.02	$59.34	$58.52	$58.79
Jul 17, 2026	$56.70	$59.36	$56.00	$58.38
Jul 16, 2026	$59.55	$59.97	$57.55	$58.56
Jul 15, 2026	$62.63	$62.88	$59.37	$60.97
Jul 14, 2026	$61.94	$62.92	$61.20	$61.95
Jul 13, 2026	$60.76	$62.00	$59.62	$59.97
Jul 10, 2026	$60.37	$62.06	$60.13	$61.52
Jul 9, 2026	$59.68	$61.09	$58.42	$60.53

FCX Frequently Asked Questions

What chart pattern is FCX forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a bullish pennant on Freeport-Mcmoran (FCX) on the daily chart, with a measured-move target of $89.81.

Is a bullish pennant bullish or bearish?

The bullish pennant detected on FCX is a bullish pattern, projecting a measured-move target of $89.81. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a bullish pennant pattern, and what is its win rate?

Across TradingPal's backtest of the bullish pennant family (3,749 trades over 628 symbols), it resolved in the expected direction 57.3% of the time with an average of +0.82R. These are historical statistics, not a prediction.

What is the price target if FCX's pattern breaks out?

The detected bullish pennant has a geometry-based measured-move target of $89.81 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was FCX's closing price on Jul 22, 2026?

Freeport-Mcmoran (FCX) last closed at $65.00 on Jul 22, 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.