Stand aside — setup invalidated
Setup score 77, but distribution days reach 5 or more — stand aside until the condition resets.
Simple research view
FCX · Freeport-McMoRan, Inc.
$71.21 -6.59% Sep 10 close
Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.
$FCX
Freeport-McMoRan, Inc.Freeport-McMoRan, Inc. is a large-cap Other Metals/Minerals company in the Non-Energy Minerals sector with a market cap of $102B.
Verdict · setup score 77/100 · data Sep 10 close · 1 session old
Stand aside — setup invalidated
Setup score 77, but distribution days reach 5 or more — stand aside until the condition resets.
Earnings
Normal technical setup
Next earnings
Wednesday, October 21, 2026
Report time not confirmed by the source
Deterministic evidence
FCX-6.59%
Sector proxy · XLB-1.23%
Broad market · SPY-0.60%
⚠ Expectations warningPositive catalyst, negative tape: Provider-tagged bullish news, while price fell 6.6%. Treat the mismatch as expectations/distribution evidence, not as a bullish confirmation.
Provider article-level bullish tag · Investing.com: Freeport-McMoRan shares surge as copper hits record $14,694/ton
Session internals Mixed
Rule: direction and internals disagree — it met neither the strong nor the weak rule. Judged on internals, not on the size of the move.
Vs prior close-6.59%
From the open+1.37%
Range position86%
GapFaded
QQQ confirmationConfirming (-1.06%)
SMH confirmationConfirming (-2.44%)
Short-term conviction -1 points.
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.
- Positive catalyst received negative stock confirmation.
Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.
More stats
52W Low
$35.15
Tight Wks
0
Base
B4
SMA 200
$61.45
RS Line vs High
-9.9%
RS Line Slope
+9.4% ▲
Group Rank
#12/58
ADR%
3.6%
ATR(14)
$3.48 (4.9%)
Vol Pace (live)
N/A
U/D Vol
0.98
A/D Days
16A / 17D
A/D Rating
D
VDU Bars
0/10 d
Earnings
in 39d
FCX Chart
Interactive price, volume, RS, RSI, and MACD charts are available after sign in.
Technical Analysis Report Card
$FCX · $71.21 · as of 2026-09-10 · multi-factor read
75
/ 100
Reference read from price & volume only — the verdict at the top of the page decides the action.
Trend · Daily / Weekly / Monthly
Daily
▬ Sideways / consolidating
Weekly
▲ Uptrend
Monthly
▲ Uptrend
Moving Averages
50-day$67.18 ↑
100-day$65.57 ↑
200-day$61.45 ↑
Bullish (50 > 200)
RSI (14)
Reading48.4 · Neutral
Neutral — momentum is balanced between buyers and sellers.
MACD (12/26/9)
StateWeakening
Histogram-0.591
Weakening — MACD slipped below its signal line. Histogram contracting.
Bollinger Bands (20,2)
%B / Width37% · 23.7%
Mid-band — no directional band edge in play.
Volume · Buyer vs Seller
Up/Down vol0.98 · Neutral
Rel volume1.52×
Balanced — up/down volume is roughly even; no clear hand. Recent volume is easing versus its baseline.
Support & Resistance
R · $72.19swing level
R · $80.2452-week high
Price · $71.21now
S · $65.57swing level
S · $61.73swing level
S · $59.20swing level
Fibonacci · Uptrend swing
23.6%$73.46
38.2%$69.27
50.0%$65.88
61.8%$62.48
78.6%$57.66
Retracement support zones measured from the recent swing low up to the high.
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Weekly uptrendMonthly uptrendAbove 200-day MA50/200 bullish
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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 Verdicts
6 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:
3 of 6 legends rate this Buyable · 2 watching.
Watch
Minervini B
Trend-template read: 10/13 pass; wait for the soft misses to improve.
Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $71.21, MA150 $64.43, MA200 $61.45
1.2 150-day MA > 200-day MAMA150 $64.43 vs MA200 $61.45
Failing evidence
2. Quarterly EPS growth ≥ 25%From SEPA scan
2. ROE ≥ 17%From SEPA scan
Avoid
O'Neil D
CANSLIM read: fails L: RS rank ≥ 80 (IBD leadership).
Passing evidence
C: Quarterly EPS acceleration ≥ 25%CANSLIM grade B
N: Near 52-week high or RS line new high11.2% below high | RS line new high: False
Failing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 77
A: Annual earnings & revenue qualityRev +1.8%
Watch
Weinstein B
Stage-analysis read: Stage 2 is present; 1 supporting checks need improvement.
Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $71.21 vs MA200 $61.45
Failing evidence
Weekly price coiling (Stage 2 consolidation)Tightening weekly range confirms base
Buyable
Livermore B
Pivotal-point read: all 6 measured checks pass with volume confirmation.
Passing evidence
Price$71.21
Relative strengthRS 77
Failing evidence
No failing criteria.
Buyable
Darvas B
Box-theory read: all 6 measured checks pass with volume confirmation.
Passing evidence
Price$71.21
Relative strengthRS 77
Failing evidence
No failing criteria.
Buyable
Wyckoff B
Supply-and-demand read: all 6 measured checks pass with volume confirmation.
Passing evidence
Price$71.21
Relative strengthRS 77
Failing evidence
No failing criteria.
Base & Breakout
Breakout follow-through
No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?
RS Line vs SPY
52-week relative strength · blue = RS line · dashed = MA50 · dot = NH
▲ Rising
Accumulation / Distribution
last 65 sessions · green = acc on high vol · red = dist on high vol
Net -7
Fundamentals & leadership quality — Minervini’s published criteria · 2/7 met
C
2/7 criteria
Separate score from the Minervini Trend Template (8/8): 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.
EPS acceleration ≥25% QoQ
—
Revenue growth ≥20% YoY
+2%
Gross margin ≥30%
—
ROE ≥17%
—
RS rating ≥80 (leadership)
77
Stage 2 uptrend (Weinstein)
Stage 2
Within 25% of 52W high
-11.3%
Method Playbook
Trade it like O'Neil
EXACT LEVELS · PRO
O'Neil D · Avoid — The deterministic methodology check is Avoid; wait until the blocking criteria are resolved.
Pivot
Pro levelPublished-method rule: Use the proper base pivot or handle high after CANSLIM leadership and market-direction checks are satisfied.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro levelPublished-method rule: Require a breakout through the pivot on volume at least 40% above average; the valid buy zone ends 5% above the pivot.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro levelPublished-method rule: Use the setup's structural stop with a hard 7–8% maximum-loss ceiling from the actual entry.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-basedPublished-method rule: Protect progress under constructive support such as the 21-day or 10-week line; a stop may ratchet higher but never lower.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro levelPublished-method rule: Exit on the hard loss limit, a decisive support break, or a rule-based climax/distribution signal; a normal 20–25% advance is reviewed rather than assumed permanent.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
The published-method workflow is public. Unlock exact pivot, entry, stop, target, and sizing with Pro →
Pattern Analysis
Wyckoff SOS
Historical replay: +20% before −8% within 40 sessions: 27% (n=71) · source bars 2025-03-17–2026-09-04 · avg +4.1% per setup (+0.52R)
⚠ Volatility widening into breakout
⚠ Late-stage base (#5)
77
setup score
RS Score
77
Trend template
8/8 ✓
CANSLIM
66.6* (B)
range low: 56.712
range high: 69.69
range pct: 0.229
sos thrust: 0.1
sos vol ratio: 1.861
sos bars ago: 13
near lps: ✓
validation reason: valid generic setup
multi tf evaluated: ✓
multi tf reason: weekly: MA stabilizing or rising — accumulation context supported
Why This Setup?
Wyckoff SOS · schematic
SOS: breakout above range_high=69.69, thrust=10.0%, vol=1.9x avg, lps=near, 13 bars ago | Strong trend (8/8) | Good RS (77) | High-confidence pattern (85%) | Volume surging | Stage 2 | Readiness 92/100 (actionable) | CANSLIM 66.6 (B) | ⚠ Volatility widening into breakout; Late-stage base (#5)
The Universal Edge Check · context only
What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.
3/7
universals met
- Risk is defined — not met No stop — undefined risk
- A relative-strength leader — partly met RS rank 71 — middling
- Asymmetric reward — partly met No target set
- Not chasing (in range) — partly met Pivot distance unknown
- Clear of earnings — met in 39 days
- In a confirmed uptrend — met Stage 2 · Trend template 8/8
- Volume confirms — met 1.5× average
Minervini Trend Template
8/8 ✓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
$71.21 vs SMA150 $64.43 / SMA200 $61.45
SMA 150 above SMA 200
SMA150 $64.43 vs SMA200 $61.45
SMA 200 trending up
Slope +3.28 over 20 days
SMA 50 above SMA 150 & 200
SMA50 $67.18
Price above SMA 50
$71.21 vs SMA50 $67.18
30%+ above 52-week low
+102.6% from $35.15
Within 25% of 52-week high
-11.3% from $80.24
RS score above 70
RS 77
Fundamentals
52W Range
80%
Mkt Cap SEC
102.3B
Rev YoY
+2%
EPS TTM
$2.90
P/E TTM
24.6x
Float
1.4B
Company
Company profile
Freeport-McMoRan, Inc.
CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market
B
66.6* CANSLIM
* disqualified on M
C · Curr. EPS
40
A · Annual EPS
57
N · New Highs
40
S · Supply/Demand
70
L · Leader RS
77
I · Inst. Spons.
96
M · Market
30
Weekly Context
Multi-timeframe signals from weekly barsW. Trend
8/8
W. RS
90
W. Support
$50.79
W. Resist
$80.24
Weekly Structure
Trend
Neutral
Tight Weeks
0
Confirmation
Neutral
Scan History
20× streakSep 11
Wyckoff SOS
✓ Gate
77
Sep 11
Wyckoff SOS
✓ Gate
77
Sep 11
Wyckoff SOS
✓ Gate
75
Sep 11
Wyckoff SOS
✓ Gate
75
Sep 10
Cup & Handle
✓ Gate
80
0.0%
Sep 09
Cup & Handle
✓ Gate
80
-6.6%
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