(VIANEWS) – Copper (HG) has been up by 10.18% for the last 21 sessions. At 08:50 EST on Saturday, 8 June, Copper (HG) is $4.45.
Volume
Today’s last reported volume for Copper is 88844, 99.99% below its average volume of 9801931352.27.
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 Thursday, 6 June, "The upside of Oil prices could be limited as the US Energy Information Administration (EIA) Crude Oil Stocks Change showed that crude Oil inventories increased by 1.233 million barrels in the week ending May 31. "
- According to FXStreet on Thursday, 6 June, "At the time of writing, Crude Oil (WTI) trades at $74.23 and Brent Crude at $78.60"
- Crude oil extends recovery, WTI tests $75.50. According to FXStreet on Thursday, 6 June, "WTI has extended into a two-day recovery, climbing from a near-term bottom of $72.45, but US Crude Oil remains steeply off of recent levels, trading on the low side of the 200-day Exponential Moving Average (EMA) at $78.78.", "OPEC+ members that have shouldered the majority of the burden of limiting Crude Oil output rely heavily on selling Crude Oil in order to balance government budgets, and OPEC+ members have grown weary of sacrificing government receipts. "
More news about Copper (HG).
