- The trend backdrop is active with a 1-week active streak.
- Price is above the Trend Line, keeping the weekly tape constructive.
- Price is above Fair Value, showing premium demand versus the model.
- Activity pressure is constructive, supporting the smart-money activity read.
FCX
MEX
Week ended 07 Aug 2026
Weekly Investor Report
Freeport-McMoRan Inc. · Basic Materials · Copper
Latest close
1,198 MXN
9.6%
latest week
Weekly setup
Constructive, but selective
The weekly trend is active. Price is 10.2% above the Trend Line and sits at 96.8% of its 52-week range. The latest completed week returned 9.6%, after a 11.5% four-week move. The latest news-sentiment score is 55/100. Near-term considerations: price is close to its 52-week high; volume confirmation is below normal.
Setup score
56
out of 100
Latest Close
1,198 MXN
7 Aug 2026
1W Return
9.6%
latest completed week
4W Return
11.5%
short-term follow-through
12W Return
9.2%
quarterly tape
Trend Breadth
67.3%
35 of 52 weeks active
Volume Ratio
0.5x
vs 13-week average
- Activity pressure is negative, which weakens the current setup.
- 3 reversal markers appear in the recent smart-money tape.
- Price is close to its 52-week high; watch for continuation or exhaustion.
- Trend Line remains the key weekly regime level.
- Activity pressure is the gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through
9.6%
Latest completed week; four-week move 11.5%.
Indicator stack
40/30
Trend and activity pressure are weighted against the latest 12-week confirmation window.
Trend backdrop
Active
The trend backdrop defines the current weekly regime.
Patient Capital
Quiet
Activity-pressure buy-signal status for institutional accumulation timing.
News sentiment
55/100
25 relevant articles in the latest sentiment read.
01 · Price action
Study the full chart
Where price is—and whether the trend supports it
The weekly trend is active. Price is 10.2% above the Trend Line and sits at 96.8% of its 52-week range. The latest completed week returned 9.6%, after a 11.5% four-week move.
52-week price path
Price vs Trend Line and Fair Value
Price
Trend Line
Fair Value
02 · Volume and demand
Is real participation confirming the move?
Latest weekly volume is 0.5x the 13-week average. Participation is below its recent norm, so price strength is not receiving full volume confirmation.
26-week volume confirmation
Bar height shows volume; colour shows the weekly price direction
13 Feb
20 Feb
27 Feb
6 Mar
13 Mar
20 Mar
27 Mar
3 Apr
10 Apr
17 Apr
24 Apr
1 May
8 May
15 May
22 May
29 May
5 Jun
12 Jun
19 Jun
26 Jun
3 Jul
10 Jul
17 Jul
24 Jul
31 Jul
7 Aug
Up week
Down week
Demand beneath price
Activity pressure and institutional-style signals
These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.
Activity pressure path
Latest 0.5812-week average 0.67
12-week confirmation
Trend active9/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure1/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership12/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.58Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers33 reversal markers
No recent accumulation markers. 3 reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is 11.5% over four weeks, 9.2% over 12 weeks, and 54.2% over one year. The current trend has remained active for 1 consecutive weeks.
Performance by holding period
Active trend streak1 weeks
Active weeks in one year35
Trend breadth67.3%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-0.65Latest activity-pressure read.
Pressure change-102.5%Four-week change in activity pressure.
Leadership21.73Latest relative-leadership reading.
RS change90.9%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
A published fundamentals and factor snapshot is not available for this company.
No published fundamental snapshot is available for this company.
05 · Ownership, options, and sentiment
What other market participants are doing
Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.
Insider activity-
No recent insider transactions are stored for this company.
News sentiment55/100
Weighted news tone is neutral across 25 relevant articles.
5 positive · 19 neutral · 1 negativePatient CapitalQuiet
Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal
06 · Catalysts and risk
What can move the shares—and how volatile the path has been
Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.
Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-1.5%Distance below the 52-week high.
13-week volatility5.3%Standard deviation of weekly returns.
Weekly gains and losses
Latest 26 completed weeksEach bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.
13 Feb
13 Mar
10 Apr
8 May
5 Jun
3 Jul
7 Aug
Weeks higher14 of 2612 weeks finished lower.
Best week+10.4%Week of 27 Feb.
Worst week-11.1%Week of 26 Jun.
Latest week+9.6%Week of 7 Aug.
Shape of recent returns
Strong gains9
Modest gains5
Flat weeks0
Modest losses5
Sharp losses7
Recent vol5.3%13-week weekly-return volatility.
Base vol6.2%52-week weekly-return volatility.
Up/down split32/20Count of positive and negative weeks in the 52-week window.
Average skew4.8% / -5.0%Average positive week versus average negative week.
07 · Sector and peer context
Is this stock leading—or simply moving with its group?
Sector and industry breadth distinguish company-specific strength from a broad group move.
SectorMX Basic Materials
4-week rank10 / 53
Group average1.7%
Trend breadth32.1%
Trend32.1%active weekly trend signals
MD30.2%positive activity pressure
RS43.4%positive relative leadership
Four-week leaders
IndustryMX Copper
4-week rank1 / 2
Group average2.9%
Trend breadth50.0%
Trend50.0%active weekly trend signals
MD0.0%positive activity pressure
RS100.0%positive relative leadership
Four-week leaders
08 · Evidence and weekly data
The underlying research record
Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.
Weekly tape52/100
Trend, activity pressure, participation, and risk combine to a 52/100 tape read.
Indicator analysis52/100Latest 12-week confirmation: trend 9/12, activity pressure 1/12, relative leadership 12/12.
Activity pressure 0.58; 3 reversal markers Factors50/100No published factor snapshot is available yet.
Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment55/100Weighted news tone is neutral across 25 relevant articles.
If You Invested $100 In Freeport-McMoRan Stock 10 Years Ago, You Would Have This Much Today Insiders50/100No recent insider transaction evidence is stored.
Earnings50/100No stored earnings event is currently attached to this ticker.
| Week | Close | Return | Trend Line | Fair Value | Pressure | Leadership | Volume | Trend |
|---|---|---|---|---|---|---|---|---|
| 7 Aug 2026 | 1,198 MXN | 9.6% | 1,087 MXN | 839.8 MXN | -0.65 | 21.73 | 1.4K | On |
| 31 Jul 2026 | 1,093 MXN | -0.3% | 1,081 MXN | 836.6 MXN | -0.93 | 11.72 | 657 | Off |
| 24 Jul 2026 | 1,096 MXN | 6.4% | 1,075 MXN | 834.0 MXN | -0.99 | 13.41 | 833 | Off |
| 17 Jul 2026 | 1,030 MXN | -4.1% | 1,070 MXN | 831.6 MXN | -0.76 | 6.47 | 1.9K | Off |
| 10 Jul 2026 | 1,074 MXN | 2.1% | 1,065 MXN | 829.6 MXN | -0.32 | 11.38 | 3.4K | On |
| 3 Jul 2026 | 1,053 MXN | -2.6% | 1,058 MXN | 827.1 MXN | -0.06 | 8.34 | 0 | On |
| 26 Jun 2026 | 1,081 MXN | -11.1% | 1,050 MXN | 824.6 MXN | 0.03 | 11.09 | 23.2K | On |
| 19 Jun 2026 | 1,216 MXN | 2.7% | 1,040 MXN | 822.1 MXN | -0.05 | 24.27 | 0 | On |
| 12 Jun 2026 | 1,183 MXN | 6.6% | 1,024 MXN | 818.5 MXN | -0.31 | 21.17 | 394 | On |
| 5 Jun 2026 | 1,110 MXN | -2.2% | 1,009 MXN | 815.3 MXN | -0.46 | 17.38 | 427 | On |
| 29 May 2026 | 1,135 MXN | 5.0% | 996.4 MXN | 812.4 MXN | -0.44 | 16.16 | 1.5K | On |
| 22 May 2026 | 1,081 MXN | -1.5% | 984.4 MXN | 809.3 MXN | -0.50 | 11.60 | 743 | On |
| 15 May 2026 | 1,097 MXN | 4.0% | 973.8 MXN | 806.3 MXN | -0.44 | 14.38 | 2.9K | On |
| 8 May 2026 | 1,055 MXN | 4.2% | 962.3 MXN | 803.3 MXN | -0.21 | 7.46 | 2.0K | On |
How to use this report
This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.