Copper Futures Rises By 13% In The Last 21 Sessions

(VIANEWS) – Copper (HG) has been up by 13.88% for the last 21 sessions. At 11:50 EST on Wednesday, 2 October, Copper (HG) is $4.64.

Volume

Today’s last reported volume for Copper is 37692, 99.99% below its average volume of 8944492529.02.

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)

  • Copper market significantly more oversupplied than expected in spring – commerzbank. According to FXStreet on Tuesday, 1 October, "The International Copper Study Group (ICSG) then followed with the publication of its forecasts for the copper market, Commerzbank’s commodity analyst Carsten Fritsch notes."

More news about Copper (HG).

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