(VIANEWS) – Copper (HG) has been up by 10.51% for the last 10 sessions. At 05:50 EST on Thursday, 25 July, Copper (HG) is $4.08.
Volume
Today’s last reported volume for Copper is 25834, 99.99% below its average volume of 9331139486.75.
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)
- ICSG reports high supply surplus on the copper market – commerzbank. According to FXStreet on Tuesday, 23 July, "The main reason for this was the sharp rise in Copper refining production: around 6% more was produced worldwide in the first five months than in the previous year, primarily due to China’s sharp rise in production, while demand ‘only’ increased by 3.7% during this period. ", "The supply and demand figures published yesterday by theInternational Copper Study Groupconfirmed an amply supplied market for May and the first five months of the current year: In May, supply exceeded demand by 65 thousand tons, with the ICSG reporting a supply surplus of 416 thousand tons for the first five months."
- Southern copper (scco) increases despite market slip: here's what you need to know. According to Zacks on Tuesday, 23 July, "Investors will be eagerly watching for the performance of Southern Copper in its upcoming earnings disclosure. ", "Southern Copper (SCCO Quick QuoteSCCO – Free Report) closed the latest trading day at $105.69, indicating a +0.75% change from the previous session’s end. "
More news about Copper (HG).
