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The best indicator for Freeport-McMoRan (FCX)

We backtested 366 indicators across daily, weekly and hourly charts on real Freeport-McMoRan (FCX) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.

Signaling FLAT right now — FRAMA 10/30 Cross (Weekly) is out of the market, as of 2026-06-08.
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Trend · Weekly

FRAMA 10/30 Cross

On the weekly chart, this is the strongest risk-adjusted edge we found for Freeport-McMoRan (FCX) over ~31.0 years — beating buy-and-hold by 10.9% CAGR.

18.3%
CAGR
0.69
Sharpe
-49.9%
Max DD
59.3%
Win rate
2.25
Profit factor
+10.9%
vs Buy&Hold
Confluence · Daily

Best multi-indicator combo

HalfTrendMACDVortex

Going long only when all 3 agree was the strongest confluence setup we found for Freeport-McMoRan (FCX) — beating buy-and-hold by 2.1% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.

9.8%
CAGR
0.47
Sharpe
42.6%
Win rate
291
Trades
+2.1%
vs Buy&Hold
Best by timeframe

The winner on each chart

Weekly
FRAMA 10/30 Cross
+10.9% · Sharpe 0.69
Daily
T3 30 Trend
+6.3% · Sharpe 0.59
Full results

Every indicator, ranked

Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.

#IndicatorTFCAGRSharpeMax DDWinTradesvs B&H
1FRAMA 10/30 Cross Weekly18.3%0.69-49.9%59.3%10810.9%
2LSMA 10/30 Cross Weekly16.1%0.61-58.2%50.8%618.7%
3McGinley Dynamic Weekly17.6%0.6-59.5%36.4%3310.3%
4T3 30 Trend Daily13.9%0.59-46.3%43.4%1526.3%
5Vertical Horizontal Filter Weekly11.1%0.59-30.8%57.1%423.8%
6Advance Trend Pressure Weekly13.0%0.56-61.1%50.0%845.6%
7Chaikin Oscillator Weekly13.7%0.55-58.5%49.4%816.3%
8A/D Oscillator Weekly13.7%0.55-58.5%49.4%816.3%
9Hull MA 30 Trend Weekly12.2%0.55-44.5%46.2%934.8%
10T3 10/40 Cross Daily13.5%0.54-53.4%45.2%845.9%
11SMC: Break of Structure Daily12.9%0.53-65.9%38.2%895.2%
12Relative Volatility Index Weekly11.9%0.52-81.0%40.2%924.5%
13TEMA 200 Trend Daily11.2%0.51-52.5%36.5%2113.6%
14True Strength Index Weekly11.9%0.51-58.7%49.2%614.5%

= held up out-of-sample. Hypothetical, costs included. See methodology.

What this means

For Freeport-McMoRan (FCX), FRAMA 10/30 Cross on the weekly timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.

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