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Copper Futures Bullish By 8% In The Last 21 Sessions

(VIANEWS) – Copper (HG) has been up by 8.05% for the last 21 sessions. At 05:50 EST on Sunday, 12 May, Copper (HG) is $4.65.

Volume

Today’s last reported volume for Copper is 149787, 99.99% below its average volume of 10003822942.09.

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 Friday, 10 May, "West Texas Intermediate (WTI) Crude Oil is in a short-term downtrend which, given the old adage "the trend is your friend," is expected to eventually continue once the current correction has finished."

More news about Copper (HG).

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