(VIANEWS) – Copper (HG) has been up by 2.24% for the last 5 sessions. At 14:52 EST on Tuesday, 22 October, Copper (HG) is $4.38.
Volume
Today’s last reported volume for Copper is 39031, 99.99% below its average volume of 8846739086.57.
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 Tuesday, 22 October, "The initial market reaction to an interest rate cut by the People’s Bank of China (PBOC) on Monday turned out to be short-lived amid concerns over slowing demand, which continues to act as a headwind for Crude Oil prices. ", "West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on the previous day’s modest gains and oscillate in a narrow band, around the $69.70-$69.75 area during the Asian session on Tuesday. "
- Crude oil struggles to hold $70.00 as markets become more bearish. According to FXStreet on Tuesday, 22 October, "At the time of writing, Crude Oil (WTI) trades at $71.71 and Brent Crude at $74.79"
More news about Copper (HG).
