Copper Futures Is 3% Up In The Last 5 Sessions

(VIANEWS) – Copper (HG) has been up by 3.3% for the last 5 sessions. At 16:52 EST on Friday, 17 November, Copper (HG) is $3.71.


Today’s last reported volume for Copper is 27355, 99.99% below its average volume of 11190901910.7.


Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.97%, 0.38%, and 0.83%, respectively.

Copper’s highest amplitude of average volatility was 0.97% (last week), 0.76% (last month), and 0.83% (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, 15 November, "This, along with the prevalent US Dollar (USD) selling bias, turns out to be another factor acting as a tailwind for Crude Oil prices.", "West Texas Intermediate (WTI) Crude Oil prices attract some dip-buying near the $77.65 region during the Asian session on Wednesday and for now, seem to have stalled the overnight pullback from a one-week high. "
  • According to FXStreet on Thursday, 16 November, "EIA Crude Oil Stocks Change for the week ending on Nov 10, improved to 3.6M from 0.774M prior against the 1.793M as expected."

More news about Copper (HG).

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