Copper Futures Bullish By 13% In The Last 21 Sessions

(VIANEWS) – Copper (HG) has been up by 13.69% for the last 21 sessions. At 23:51 EST on Thursday, 26 September, Copper (HG) is $4.65.

Volume

Today’s last reported volume for Copper is 11135, 99.99% below its average volume of 8879085041.85.

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, 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. "

More news about Copper (HG).

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