Copper Futures Is 2% Up In The Last 5 Sessions

(VIANEWS) – Copper (HG) has been up by 2.97% for the last 5 sessions. At 10:51 EST on Monday, 19 February, Copper (HG) is $3.82.

Volume

Today’s last reported volume for Copper is 33627, 99.99% below its average volume of 10639328651.52.

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 crude oil weekly forecast: speculative values remain near mid-term highs – 18 February 2024. According to DailyForex on Sunday, 18 February, "But if the ‘news’ cycle remains quiet this weekend and on Monday, then it will be doubly intriguing to see if WTI Crude Oil can sustain its higher price range. ", "Meaning the recent buying of WTI Crude Oil may be happening by those who want to take delivery of a product that is perceived as cheaper now before spring and summer demand could increases prices."

More news about Copper (HG).

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