(VIANEWS) – Copper (HG) has been up by 13.26% for the last 21 sessions. At 02:50 EST on Friday, 26 April, Copper (HG) is $4.58.
Volume
Today’s last reported volume for Copper is 10158, 99.99% below its average volume of 9901846908.58.
Volatility
Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.05%, 0.25%, and 0.82%, respectively.
Copper’s highest amplitude of average volatility was 0.41% (last week), 0.68% (last month), and 0.82% (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 oversold (<=20).
News about
- According to FXStreet on Wednesday, 24 April, "Apart from this, the release of the US Durable Goods Orders might influence the USD and produce short-term trading opportunities around Crude Oil prices. ", "That said, expectations that the Federal Reserve (Fed) will keep rates higher for longer support prospects for the emergence of some USD dip-buying and warrants caution before positioning for any further near-term appreciating move for Crude Oil prices."
- WTI explores downside but remains close to $83 as crude oil markets froth. According to FXStreet on Wednesday, 24 April, "Daily candles remain on the high side of the 200-day EMA at $79.11, and despite recent bearish pulldown, Crude Oil remains well up from 2024’s early lows near $70.00 per barrel.", "West Texas Intermediate (WTI) US Crude Oil slipped back slightly on Wednesday, stumbling away from $83.50 per barrel to trade down to $82.50 as broad-market risk appetite from Tuesday evaporates in the mid-week market session. "
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