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№ 045 · Almanac · · 1 min

The week FCX reached its 200-week mean — July 2020.

FCX touched its 200-week line in 2020. Twelve months later: +168.2%.

The week of July 20, 2020 put FCX right on its 200-week line — $13.12 versus a mean of $13.00.

Twelve months later: +168.2%. Three years later: +209.5%. Five years later: +241.5%.

Today, 6 years later, the screen reads $58.38 — +345.0% from where the line was.

— Twelve months at the line is a long way to look down.