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Copper Futures Is 3% Up In The Last 5 Sessions

Copper Futures Is 3% Up In The Last 5 Sessions
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(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).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.