Copper Futures Is 10% Down In The Last 21 Sessions

(VIANEWS) – Copper (HG) has been up by 10.06% for the last 21 sessions. At 08:51 EST on Saturday, 3 August, Copper (HG) is $4.13.

Volume

Today’s last reported volume for Copper is 69334, 99.99% below its average volume of 9412515822.2.

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)

  • Chinese research group antaike expects copper price to fall – commerzbank. According to FXStreet on Friday, 2 August, "After all, steady production growth in the Copper refining industry is encountering weak demand growth.", "In addition, assessments from the Chinese, state-backed research group Antaike, which according to a Reuters report has forecast falling Copper prices in the second half of the year, had a negative impact. "

News about

  • According to FXStreet on Thursday, 1 August, "Meanwhile, Crude Oil prices consolidate the previous day’s strong gains amid the risk of a further escalation of tensions in the Middle East, which continues to fuel worries about supply disruptions from the key Oil producing region. "

More news about Copper (HG).

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