Copper Futures Slides By 9% In The Last 21 Sessions

(VIANEWS) – Copper (HG) has been up by 9.35% for the last 21 sessions. At 08:50 EST on Sunday, 28 July, Copper (HG) is $4.11.

Volume

Today’s last reported volume for Copper is 50460, 99.99% below its average volume of 9458340824.99.

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).

Previous days news about Copper (HG)

  • Ero copper corp. (ero) beats stock market upswing: what investors need to know. According to Zacks on Friday, 26 July, "Ero Copper Corp. (ERO Quick QuoteERO – Free Report) closed the latest trading day at $19.33, indicating a +1.84% change from the previous session’s end. ", "Investors should also note Ero Copper Corp.’s current valuation metrics, including its Forward P/E ratio of 10.04. "

News about

  • According to FXStreet on Friday, 26 July, "The stronger-than-expected US Gross Domestic Product (GDP) print released on Thursday raised hopes for increasing demand in the world’s largest fuel consumer and turned out to be a key factor acting as a tailwind for Crude Oil prices. ", "The crucial inflation data should influence the Fed’s rate-cut path, which will drive the USD demand and determine the next leg of a directional move for Crude Oil prices, which, so far, has been showing some resilience below the key 200-day Simple Moving Average (SMA)."

More news about Copper (HG).

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