(VIANEWS) – Copper (HG) has been up by 10.24% for the last 21 sessions. At 14:50 EST on Tuesday, 9 April, Copper (HG) is $4.29.
Volume
Today’s last reported volume for Copper is 142262, 99.99% below its average volume of 10150167581.86.
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 Monday, 8 April, "Apart from this, the OPEC+ clampdown on some countries to increase compliance with output cuts, along with a strong demand outlook, acts as a tailwind for Crude Oil prices. ", "The optimism is being fueled by positive economic data from China - the world’s top importer - and supports prospects for the emergence of some dip-buying around Crude Oil prices."
- WTI crude oil weekly forecast: resistance vulnerable as values escalate anew – 07 April 2024. According to DailyForex on Sunday, 7 April, "Thus, while some analysts will point to the price of Crude Oil and say and say it is because of Middle East tension, it doesn’t make the point correct.", "The movement higher in WTI Crude Oil is certainly a fact, but traders should not bet on buying positions blindly."
More news about Copper (HG).
