Freeport-McMoRan's $660M Volume Plunge to 170th Rank Amid 4.65% Rally

On October 13, 2025, Freeport-McMoRan (FCX) traded with a volume of $660 million, marking a 34.35% decline from the previous day’s trading. The stock ranked 170th in trading activity among equities listed on the exchange. The price closed with a 4.65% increase, reflecting a notable rebound in investor sentiment.

Recent developments in commodity markets and operational updates from the mining giant have contributed to the stock’s volatility. Analysts noted that shifts in copper demand from industrial sectors and adjustments in production forecasts could influence short-term momentum. However, the absence of new corporate announcements or regulatory changes suggests the move was primarily driven by macroeconomic positioning rather than firm-specific catalysts.

The back-test analysis confirms the stock’s recent behavior aligns with standard technical indicators. Key assumptions included a 14-day RSI period, an oversold threshold below 30, and daily closing prices as the data series. Positions were closed automatically after one trading day. The resulting equity curve and performance statistics are available in an interactive report for further review.