(VIANEWS) – Copper (HG) has been up by 10.73% for the last 21 sessions. At 11:51 EST on Thursday, 26 September, Copper (HG) is $4.63.
Volume
Today’s last reported volume for Copper is 91343, 99.99% below its average volume of 8903500307.59.
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 Wednesday, 25 September, " Oil traders will take more cues from the weekly EIA Crude Oil stockpiles report, which is due later on Wednesday. "
- According to FXStreet on Thursday, 26 September, "Spot prices currently trade around the 1.3470-1.3465 region, down over 0.10% for the day amid a modest US Dollar (USD) downtick, though some follow-through selling around Crude Oil prices could help limit deeper losses.", "Meanwhile, doubts about sustained fuel demand growth in China - the world’s top oil importer - and easing worries over supply disruptions in Libya drag Crude Oil prices further away from a three-week high touched on Tuesday. "
- According to FXStreet on Tuesday, 24 September, "This is seen underpinning demand for USD-denominated commodities and lending some support to Crude Oil prices.", "The aforementioned mixed fundamental backdrop warrants some caution before placing aggressive directional bets around Crude Oil prices as traders opt to wait for more cues about the Fed’s rate-cut path. "
More news about Copper (HG).
