⚠️Uptrend Under PressureSevere risk · 99·Institutional selling is building — 6 distribution days in the last 25 sessions. · 6 distribution days (SPY)Full briefing →Jul 28
Wednesday, July 22, 2026Time not confirmed
No sourced report session or clock time
Deterministic evidence
FCX+3.90%
Broad market · SPY-0.12%
Same completed session window ending 2026-07-22.
+4.02 points vs SPY.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.
AI interpretation (optional)
Ask a Legend to interpret the evidence only after reviewing the deterministic event timing and relative reaction.
Interpret this evidence
AI output is commentary, not scanner evidence or a sizing recommendation.
Price$65.00Jul 22 close
52W High$72.28-10.1%
52W Low$35.15
Wks Since High4w
Base Depth-22.5%
BaseB3
SMA 50$63.78
SMA 200$56.37
Avg Vol14,412,796
RS Rank58
RS vs High-12.8%
RS Slope+3.1% ▲
ADR%3.6%
ATR(14)$2.79 (4.3%)
Rel Vol (today)1.21×
Vol PaceN/A
U/D Vol0.51
A/D Days13A / 22D
A/D RatingE
VDU Bars0/10 d
Earnings
past
$35.15
$72.2880%
FCX Chart
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Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts6 methodology checks
Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
Council consensus:
🟡 5 of 6 legends are Watching — building, not yet a confirmed buy.
Separate score from the 8-point Trend Template (7/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
Minervini C · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Use the tight base's structural pivot; the setup must retain Trend Template leadership into the trigger. Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Require a decisive move through the pivot with volume confirmation, and do not initiate more than 5% above it. Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Start at the tighter structural invalidation; the initial loss limit must not exceed roughly 7–8% from entry. Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Hold the initial stop until the trade proves itself; near +1R move to breakeven, then trail a higher low or rising 10/21-day average once well extended. Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit when the structural stop or a meaningful higher-low/short-term trend violation fires; never widen the stop. Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
✓
Price above SMA 150 & 200$65.00 vs SMA150 $61.20 / SMA200 $56.37
✓
SMA 150 above SMA 200SMA150 $61.20 vs SMA200 $56.37
✓
SMA 200 trending upSlope +1.84 over 20 days
✓
SMA 50 above SMA 150 & 200SMA50 $63.78
✓
Price above SMA 50$65.00 vs SMA50 $63.78
✓
30%+ above 52W low+84.9% from $35.15
✓
Within 25% of 52W high-10.1% from $72.28
✗
RS score above 70RS 57
Fundamentals
52W Range
80%
Mkt Cap SEC
93.4B
EPS QoQ
+21%
Rev YoY
+2%
ROE
15%
Gross Margin
26%
D/E
0.50
EPS TTM
$2.90
P/E TTM
22.4x
Float
1.4B
Insider
No Buy
Company
Legend AI snapshot
Freeport-McMoRan, Inc.
FCX · NYSE
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