Copper Futures Is 5% Down In The Last 10 Sessions

(VIANEWS) – Copper (HG) has been up by 5.81% for the last 10 sessions. At 19:51 EST on Sunday, 11 February, Copper (HG) is $3.68.

Volume

Today’s last reported volume for Copper is 1359, 99.99% below its average volume of 10721530500.54.

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

  • WTI crude oil weekly forecast: prices edged higher going into last weekend – 11 February 2024. According to DailyForex on Sunday, 11 February, "If the price of WTI Crude Oil does get pushed back it will be important to see if the 74.000 level holds and if not - does the 73.000 USD ratio act as support. ", "However, after touching the support level again, Crude Oil began to find other buyers and hit the 76.500 mark and went into the weekend near the 76.470 price."

More news about Copper (HG).

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