(VIANEWS) – Copper (HG) has been up by 2.36% for the last 5 sessions. At 11:52 EST on Friday, 22 September, Copper (HG) is $3.71.
Volume
Today’s last reported volume for Copper is 47025, 99.99% below its average volume of 11745707402.52.
Volatility
Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.46%, 0.72%, and 1.01%, respectively.
Copper’s highest amplitude of average volatility was 0.46% (last week), 0.90% (last month), and 1.01% (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 overbought (>=80).
Previous days news about Copper (HG)
- The Oregon group predicts historical copper supply gap. According to Business Insider on Thursday, 21 September, "ETFs and ETNs, such as the iPath Series B Bloomberg Copper Subindex Total Return ETN (NYSE: JJC), Global X Copper Miners ETF (NYSE: COPX), and United States Copper Index Fund (NYSE: CPER) are directly linked to the price of copper and will see strong value in a higher priced copper market.", "Large development plays like Faraday Copper (TSX: FDY) and also past producers with near-term production potential such as US Copper Corp. (TSXV: USCU) are well positioned to benefit once they move into their next phase of development."
News about
- Crude oil forecast: sees upward pressure early on Tuesday – 20 September 2023. According to DailyForex on Wednesday, 20 September, "The West Texas Intermediate Crude Oil market demonstrated substantial strength on Tuesday, with robust bullish momentum continuing to dominate. ", "In the WTI Crude Oil market, caution is advised as the current surge may necessitate a pullback before considering entry. "
More news about Copper (HG).
