Copper Futures Is 3% Up In The Last 5 Sessions

(VIANEWS) – Copper (HG) has been up by 3.58% for the last 5 sessions. At 14:51 EST on Thursday, 4 July, Copper (HG) is $4.53.

Volume

Today’s last reported volume for Copper is 30310, 99.99% below its average volume of 9403403182.84.

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

  • Crude oil churns on Tuesday, but losses limited after steep API drawdown. According to FXStreet on Tuesday, 2 July, "After a bullish breakout from near-term consolidation, WTI is drawing a potential bearish signal as topside momentum remains thin and US Crude Oil trades just north of the 200-day EMA near $79.00.", "Distillate inventories declined -740K for the week ended June 28, and US Crude Oil stocks at the Cushing facility still rose 404K barrels."

More news about Copper (HG).

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