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Copper Futures Over 4% Up In The Last 5 Sessions

(VIANEWS) – Copper (HG) has been up by 4.3% for the last 5 sessions. At 23:50 EST on Wednesday, 22 March, Copper (HG) is $4.06.

Volume

Today’s last reported volume for Copper is 7086, 99.99% below its average volume of 14057440608.54.

Volatility

Copper’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.63%, a negative 0.33%, and a positive 1.10%, respectively.

Copper’s highest amplitude of average volatility was 0.63% (last week), 1.17% (last month), and 1.10% (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, 22 March, "Weekly Mortgage Applications and EIA Crude Oil Stock Change will be the only data featured in the US economic docket."
  • According to Zacks on Wednesday, 22 March, "The ProShares Ultra Bloomberg Crude Oil ETF (UCO Quick QuoteUCO – Free Report) last week reported a daily inflow of $158 million, the second-largest amount the fund has pulled in over a single day, according to data going back to 2008, per a Bloomberg article, as quoted on Yahoo Finance. "

More news about Copper (HG).

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