HFT buyers dominated HFT sellers in FREEPORT-MCMORAN INC on 03/28/2024

Post date: 2024-03-29 18:33:03 GMT

This chart shows distribution of HFT flows for FCX: % HFT buyers in green and % HFT sellers in red. The proportions of the HFT flows are estimated as a % of the total volume traded in FCX on 03/28/2024. As the chart shows, there is more mass on the buyers side of HFT flows than on the sellers side. The history of HFT flows and their relative proportion over time also matters. The 20-day trendline shows the slope of 1.06%. This implies that the trend has been neutral.

Freeport-McMoRan Inc (FCX) is a leading mining and natural resources company, with operations in North and South America, as well as in Indonesia. It is the world's largest publicly traded copper producer and one of the world's leading producers of gold, copper, and molybdenum. FCX operates seven copper mines and several other mining operations, including oil & gas, coal and industrial minerals. Additionally, it owns Freeport Cobalt, the world’s top cobalt producing business. FCX has established a strong track record of managing its operations within the highest standards of environmental responsibility and social accountability. As a global leader in mineral exploration and development, FCX is committed to creating shared value for all of its stakeholders.