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Copper Futures Bearish Momentum With A 2% Drop In The Last 5 Sessions

(VIANEWS) – Copper (HG) has been up by 2.86% for the last 5 sessions. At 20:51 EST on Monday, 26 June, Copper (HG) is $3.78.

Volume

Today’s last reported volume for Copper is 706, 99.99% below its average volume of 13038517441.05.

Volatility

Copper’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.42%, a positive 0.08%, and a positive 0.89%, respectively.

Copper’s highest amplitude of average volatility was 0.97% (last week), 0.68% (last month), and 0.89% (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

  • Crude oil signal: prices continue to slide, but support levels offer buying opportunities – 26 June 2023. According to DailyForex on Monday, 26 June, "The WTI Crude Oil market witnessed a substantial decline, indicating a potential move toward the $65 level. ", "The $65 level for WTI Crude Oil and the $70 level for Brent remain significant regions attracting potential buyers. "

More news about Copper (HG).

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