Copper Futures Drops By 3% In The Last 10 Sessions

(VIANEWS) – Copper (HG) has been up by 3.61% for the last 10 sessions. At 17:51 EST on Sunday, 26 May, Copper (HG) is $4.76.

Volume

Today’s last reported volume for Copper is 58133, 99.99% below its average volume of 9901848401.06.

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, 24 May, "At the time of writing, Crude Oil (WTI) trades at $77.45and Brent Crude at $81.62"
  • Crude oil pares losses, WTI rebounds into congestion on Friday. According to FXStreet on Friday, 24 May, "Energy traders were hoping for an extended decline in US supply stocks, but a surprise buildup in barrel counts from both the American Petroleum Institute (API) and the Energy Information Administration (EIA) have left Crude Oil speculators hoping for an as-yet-unseen uptick in demand to eat away at US pumping capacity.", "West Texas Intermediate (WTI) US Crude Oil rebounded on Friday, recovering from a fresh 12-week low set early in the day at $76.03. "

More news about Copper (HG).

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