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Asset Summary

Daily Performance Report for FCX ETF: Nov 18, 2024

Summary: The day started with FCX ETF opening at $42.77 and closing at $42.95. The ETF showed resilience throughout the day, with the highest price observed at $43.33 and the lowest at $42.77. The underlying asset had a trading range of $0.56 Overall, it was a positive trading day for FCX ETF, reflecting investor optimism and market activity.

Change in Closing Price: There was a net increase of $0.18 or 0.42% in the closing price from the opening to the closing price over the day.

Volume Analysis: Trading volume for FCX ETF was 585,187 units during Nov 18, 2024, indicating active market participation and investor interest.

Opening Price: The day started at $42.77.

Highest Price: The highest price observed during the day was $43.33.

Lowest Price: The lowest price observed during the day was $42.77.

Closing Price: The day ended at $42.95.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

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Frequently Asked Questions

Yes, Freeport-McMoRan pays dividends, but the amount can vary based on company performance and market conditions.

You can invest in FCX stock through a brokerage account or by consulting with a financial advisor.

Visit Freeport-McMoRan’s official website and reliable financial news outlets for the latest updates.

Key factors include copper and gold prices, production levels, and global economic conditions.

Market capitalization changes regularly; please check financial news sources for the latest data.

Challenges include fluctuating commodity prices, regulatory changes, and environmental concerns.

The company implements rigorous environmental management systems and sustainability programs.

The company values safety, integrity, accountability, and respect for people and the environment.

Yes, Freeport-McMoRan is publicly traded on the NYSE under the ticker symbol FCX.

The company engages in community development initiatives and invests in local infrastructure and education.

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Disclaimers

The information displayed on this site is sourced from third-party providers and is believed to be reliable. RankMyTrade (RMT) has not independently verified this data and does not guarantee its accuracy. The information and calculations provided by RankMyTrade are for educational and informational purposes only and should not be construed as financial or investment advice.

With any investment, your capital is at risk. The value of your portfolio go down as well as up. Past performance is no guarantee of future results. By using this website, you accept our Terms of Service, Privacy Policy, and Payment Agreement.

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