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FCX Makes Notable Cross Below Critical Moving Average

By Metals Channel Staff, Thursday, September 16, 11:08 AM ET

In trading on Thursday, shares of Freeport-McMoran Copper & Gold (NYSE:FCX) crossed below their 200 day moving average of $34.47, changing hands as low as $34.04 per share. Freeport-McMoran Copper & Gold shares are currently trading down about 7% on the day. The chart below shows the one year performance of FCX shares, versus its 200 day moving average:

Freeport-McMoran Copper & Gold 200 Day Moving Average Chart

Looking at the chart above, FCX's low point in its 52 week range is $14.6701 per share, with $46.10 as the 52 week high point — that compares with a last trade of $34.14. The FCX DMA information above was sourced from TechnicalAnalysisChannel.com


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