🚦 What is the short-term technical outlook for FCX's stock price?

The short-term technical outlook for FCX's stock price appears bearish, with several indicators suggesting a potential decline in the near term. Here's a detailed analysis:

1. **Recent Price Performance**: FCX's closing price on August 1, 2025, was $40.03, representing a 0.52% decrease from the previous day. This recent decline sets a bearish tone for the short-term outlook.

|code|Ticker|Name|Date|Closing Price|Percentage Change|market_code|
|---|---|---|---|---|---|---|
|FCX|FCX.N|Freeport-McMoRan|20250801|40.03|-0.5219|169|

2. **Technical Indicators**:
- The MACD (Moving Average Convergence Divergence) is at -1.58, which typically indicates a bearish momentum as it is below the signal line.
- The RSI (Relative Strength Index) is at 25.86, which is close to the oversold threshold of 30, suggesting that the stock may be under selling pressure.
- The KDJ (Stochastic Oscillator) is at 13.34, which is relatively low, indicating that the stock may be oversold and could potentially rebound. However, the low reading also suggests that the stock is currently in an oversold condition.
- The BOLL (Bollinger Bands) is at 44.26, which is above the current price, indicating that the stock is trading in the lower part of its recent range and could be primed for a potential pullback towards the mean.

|code|Ticker|Name|Date|Boll|RSI|KDJ|MACD|market_code|
|---|---|---|---|---|---|---|---|---|
|FCX|FCX.N|Freeport-McMoRan|20250801|44.2640|25.8629|13.3427|-1.5845|169|

3. **Moving Averages**: The 5-day moving average is $41.29, the 10-day is $43.17, and the 20-day is $44.26. The stock price is below these short-term moving averages, which is a bearish signal as it suggests that the stock is in a downtrend.

4. **Long-term Indicators**: The 30-day moving average is $43.91, the 50-day is $42.49, and the 60-day is $41.81. The stock price is below these longer-term moving averages, which could suggest a broader downtrend.

5. **Short-term Support and Resistance**: The stock is currently trading below its short-term support levels, which could indicate further downside potential. However, it's important to note that extreme readings on the RSI and KDJ could also precede a potential reversal.
6. **Market Sentiment**: The overall market sentiment around copper and related mining stocks, such as FCX, has been influenced by geopolitical factors, tariffs, and supply disruptions. These factors have contributed to volatility in the copper market, which could impact FCX's stock price in the short term.

In conclusion, the short-term technical indicators for FCX suggest a bearish outlook. However, it's important to monitor the stock's performance against its moving averages and key support levels, as well as any changes in market sentiment and external factors that could influence the stock's price.