Cranking up the volume at a capitulation low.

Freeport-McMoRan Inc ($FCX) is trading on higher than normal volume today. Freeport-McMoRan Inc is up 1.20% at $10.40 on a volume of 101,517,000 shares. That’s already 5.41 times the normal daily volume of 35,711,500.

Technical traders look at heavy volume as we see in Freeport-McMoRan Inc today to confirm existing or developing signals.

52 Week Range $7.76-$35.10
Market Cap 10,953,600,000
Average Volume 35,711,500
Dividend Yield 1.92%
Institutional Ownership 71.80%
Insider Ownership: 1.20%
Percentage of Float Short 6.00%
Beta 2.31

Freeport-McMoRan Inc is below the 50 day moving average and below the 200 day moving average. These are bearish, bearish indicators respectively.

Freeport-McMoRan Inc Freeport-McMoRan Inc, formerly Freeport-McMoRan Copper & Gold, deals in the mining of copper, gold and molybdenum.

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