(VIANEWS) – Copper (HG) has been up by 4.62% for the last 10 sessions. At 22:50 EST on Thursday, 8 February, Copper (HG) is $3.71.
Volume
Today’s last reported volume for Copper is 4524, 99.99% below its average volume of 10546913228.29.
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 Thursday, 8 February, "The American Petroleum Institute (API) Weekly Crude Oil Stock exhibited improvement, reporting a figure of 0.674 million barrels, contrasting with the prior decrease of 2.5 million barrels. ", "However, the US Energy Information Administration (EIA) reported Crude Oil stockpiles at 5.521 million barrels, surpassing both the expected 1.895 million barrels and the previous figure of 1.234 million barrels. "
- Crude oil continues thin recovery, WTI struggles to reclaim $74. According to FXStreet on Wednesday, 7 February, "WTI remains down after a near-term rejection from the 200-day SMA just below the $78.00 handle, and US Crude Oil continues to trade into the middle of a medium-term congestion range that has hampered price momentum since declining below the 200-day SMA in November.", "West Texas Intermediate (WTI) US Crude Oil is taking halting steps higher on Wednesday, trying to stake ground above $74.00 per barrel as another buildup in US barrel stocks keeps prices pinned on the low end."
More news about Copper (HG).
