Freeport McMoRan (Germany) Technical Analysis

Overlap Analysis View

Forecast Models View

Price Shifting View

Volatility Indicators View

Value Movement View

A focus of Freeport McMoRan technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Freeport McMoRan trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Freeport McMoRan Technical Analysis

Freeport McMoRan Trend Analysis

Use this graph to draw trend lines for Freeport McMoRan. You can use it to identify possible trend reversals for Freeport McMoRan as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Freeport McMoRan price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Freeport McMoRan Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Freeport McMoRan applied against its price change over selected period. The best fit line has a slop of   0.1  , which may suggest that Freeport McMoRan market price will keep on failing further. It has 122 observation points and a regression sum of squares at 345.81, which is the sum of squared deviations for the predicted Freeport McMoRan price change compared to its average price change.

Most technical analysis of Freeport help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Freeport from various momentum indicators to cycle indicators. When you analyze Freeport charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

When running Freeport McMoRan's price analysis, check to measure Freeport McMoRan's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Freeport McMoRan is operating at the current time. Most of Freeport McMoRan's value examination focuses on studying past and present price action to predict the probability of Freeport McMoRan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freeport McMoRan's price. Additionally, you may evaluate how the addition of Freeport McMoRan to your portfolios can decrease your overall portfolio volatility.