Copper Futures Over 2% Down In The Last 5 Sessions

(VIANEWS) – Copper (HG) has been up by 2.37% for the last 5 sessions. At 05:50 EST on Monday, 25 September, Copper (HG) is $3.66.

Volume

Today’s last reported volume for Copper is 18090, 99.99% below its average volume of 12007044966.15.

Volatility

Copper’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.01%, a positive 0.70%, and a positive 1.01%, respectively.

Copper’s highest amplitude of average volatility was 0.70% (last week), 0.92% (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).

News about

  • WTI crude oil: weekly forecast 24th September – 30th September – 24 September 2023. According to DailyForex on Sunday, 24 September, "Previous lows last week saw WTI briefly go below 89.000 on Wednesday, and the lowest mark for the week occur on Thursday as Crude Oil traded near the 88.130 ratio for a short time.", "Yes, WTI Crude Oil did traverse below its highs as it went into the weekend, but price remained durable as short-term support near 89.000 seemed to spark renewed buying when it was briefly penetrated a few hours before the commodity market closed. "
  • According to DailyForex on Sunday, 24 September, "S GDP numbers are strong and the costs for WTI Crude Oil remain near or above 90.000 USD per barrel.GBP/USD Weekly Outlook:"

More news about Copper (HG).

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