(VIANEWS) – Copper (HG) has been up by 4.38% for the last 10 sessions. At 07:50 EST on Saturday, 24 February, Copper (HG) is $3.87.
Volume
Today’s last reported volume for Copper is 54672, 99.99% below its average volume of 10604484055.5.
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).
Previous days news about Copper (HG)
- Fundamentals increasingly improving in copper market – ANZ. According to FXStreet on Thursday, 22 February, "Market expectations of a weak outlook have weighed significantly on the Copper market in 2023. "
News about
- According to FXStreet on Thursday, 22 February, "Crude oil prices face pressure as the American Petroleum Institute (API) reported a higher-than-expected Crude Oil Stock figure of 7.168 million barrels for the week ending February 16, compared to the expected 4.298 million barrels. ", "Investors await the release of the US Energy Information Administration’s (EIA) Crude Oil Stocks Change later in the North American session for further insights into inventory levels."
- According to FXStreet on Thursday, 22 February, " Oil traders will focus on the US S&P Global Services Purchasing Managers Index (PMI) for February and the Energy Information Administration (EIA) Crude Oil stockpiles report is due on Thursday. "
- According to FXStreet on Friday, 23 February, "West Texas Intermediate (WTI) US Crude Oil prices drift lower on the last day of the week and move away from a fresh monthly peak, around the $78.75 region touched on Thursday. ", "Even from a technical perspective, Crude Oil prices have been oscillating in a familiar trading range over the past week or so. "
More news about Copper (HG).
