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Copper Futures Over 10% Up In The Last 21 Sessions

(VIANEWS) – Copper (HG) has been up by 10.96% for the last 21 sessions. At 23:50 EST on Wednesday, 24 April, Copper (HG) is $4.45.

Volume

Today’s last reported volume for Copper is 6462, 99.99% below its average volume of 9983259554.89.

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

  • WTI explores downside but remains close to $83 as crude oil markets froth. According to FXStreet on Wednesday, 24 April, "West Texas Intermediate (WTI) US Crude Oil slipped back slightly on Wednesday, stumbling away from $83.50 per barrel to trade down to $82.50 as broad-market risk appetite from Tuesday evaporates in the mid-week market session. ", "Daily candles remain on the high side of the 200-day EMA at $79.11, and despite recent bearish pulldown, Crude Oil remains well up from 2024’s early lows near $70.00 per barrel."
  • WTI back over $83 as crude oil sees additional volatility. According to FXStreet on Tuesday, 23 April, "The day’s late-stage rally brought US Crude Oil prices just above the 200-hour Exponential Moving Average (EMA).", "West Texas Intermediate (WTI) US Crude Oil started Tuesday on the low side, falling below $81.00 per barrel before a broad-market recovery in risk appetite dragged barrel bids into a fresh high above $83.00. "

More news about Copper (HG).

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