Copper Futures Over 3% Up In The Last 10 Sessions

(VIANEWS) – Copper (HG) has been up by 3.52% for the last 10 sessions. At 05:50 EST on Sunday, 18 August, Copper (HG) is $4.15.

Volume

Today’s last reported volume for Copper is 48503, 99.99% below its average volume of 9322185122.59.

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 Friday, 16 August, "This, along with hopes that rate cuts by the Federal Reserve (Fed) will boost economic activity and push up fuel consumption, might continue to lend some support to Crude Oil prices.", "This, along with an unexpected build in US inventories, suggesting that demand was cooling, acts as a headwind for Crude Oil prices and exerts some downward pressure on the last day of the week."

More news about Copper (HG).

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