(VIANEWS) – Copper (HG) has been up by 4.12% for the last 10 sessions. At 13:53 EST on Monday, 13 February, Copper (HG) is $4.06.
Volume
Today’s last reported volume for Copper is 68702, 99.99% below its average volume of 14762445432.8.
Volatility
Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.25%, 0.81%, and 1.57%, respectively.
Copper’s highest amplitude of average volatility was 1.22% (last week), 1.20% (last month), and 1.57% (last quarter), respectively.
Commodity Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Copper’s commodity is considered to be overbought (>=80).
News about
- WTI crude oil forecast: range between $75 and $82.50 likely to hold for now, shorts possible near $80 – 13 February 2023. According to DailyForex on Monday, 13 February, "On the other hand, if we do turn around and breakout above the $82.50 level, then it’s possible that the West Texas Intermediate Crude Oil market is looking to the 200-Day EMA. "
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