FCX Makes Notable Cross Below Critical Moving Average
In trading on Monday, shares of Freeport-McMoran Copper & Gold (Symbol: FCX) crossed below their 200 day moving average of $32.86, changing hands as low as $32.85 per share. Freeport-McMoran Copper & Gold shares are currently trading down about 0.5% on the day. The chart below shows the one year performance of FCX shares, versus its 200 day moving average:
Looking at the chart above, FCX's low point in its 52 week range is $26.37 per share, with $38.09 as the 52 week high point - that compares with a last trade of $33.09.
According to the ETF Finder at ETF Channel, FCX makes up 7.41% of the First Trust ISE Global Copper Index Fund ETF (Symbol: CU) which is trading lower by about 0.4% on the day Monday.