Copper Futures Over 6% Up In The Last 10 Sessions

(VIANEWS) – Copper (HG) has been up by 6.98% for the last 10 sessions. At 05:50 EST on Saturday, 16 March, Copper (HG) is $4.12.

Volume

Today’s last reported volume for Copper is 124386, 99.99% below its average volume of 10411263129.13.

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)

  • Copper minig etfs at all-time highs: here's why. According to Zacks on Thursday, 14 March, "The underlying SummerHaven Copper Index Total Return reflects the performance of the investment returns from a portfolio of copper futures contracts on the COMEX exchange. ", "The underlying Solactive Global Copper Miners Total Return Index is designed to reflect the performance of the copper mining industry. "
  • Copper fundamentals over the coming decade are incredibly exciting – TDS. According to FXStreet on Thursday, 14 March, "Economists at TD Securities expect Copper to embark on a significant race higher in the long run.", "And, signs that Copper markets have finally entered into a period of structural deficits suggest the timing could be ripe for a multi-year rally to kick off."

More news about Copper (HG).

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