Copper Futures Is 3% Down In The Last 5 Sessions

(VIANEWS) – Copper (HG) has been up by 3.01% for the last 5 sessions. At 17:50 EST on Friday, 22 March, Copper (HG) is $4.00.

Volume

Today’s last reported volume for Copper is 87273, 99.99% below its average volume of 10128998620.5.

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 Wednesday, 20 March, "However, the American Petroleum Institute reported the Weekly Crude Oil Stock for the week ending on March 15, fell by 1.519 million barrels compared to the expected increase of 0.077 million barrels and the previous decrease of 5.521 million barrels."
  • According to FXStreet on Thursday, 21 March, "West Texas Intermediate (WTI) US Crude Oil prices attract some dip-buying during the Asian session on Thursday and reverse a part of the previous day’s losses. ", "This is seen undermining the US Dollar (USD) and benefitting USD-denominated commodities, including Crude Oil prices. "

More news about Copper (HG).

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