(VIANEWS) – Copper (HG) has been up by 8.69% for the last 21 sessions. At 08:52 EST on Friday, 12 May, Copper (HG) is $3.73.
Volume
Today’s last reported volume for Copper is 39894, 99.99% below its average volume of 13324682844.18.
Volatility
Copper’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.06%, a negative 0.03%, and a positive 1.01%, respectively.
Copper’s highest amplitude of average volatility was 0.73% (last week), 0.82% (last month), and 1.01% (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 overbought (>=80).
News about
- According to FXStreet on Thursday, 11 May, "That said, the EIA Crude Oil Stocks Change rose to 2.951M for the week ended on May 05 versus -0.917M market forecasts and -1.28M prior."
- According to FXStreet on Wednesday, 10 May, "Alternatively, the weekly prints of the American Petroleum Institute’s (API) Crude Oil Stock data and firmer US Dollar prod the energy benchmark prices as the key lure buyers. ", "Moving on, the US Consumer Price Index (CPI) for April and the official Weekly Crude Oil Stocks Change data from the US Energy Information Administration (EIA) will be crucial for clear directions."
More news about Copper (HG).
