(VIANEWS) – Copper (HG) has been up by 9.65% for the last 21 sessions. At 02:50 EST on Sunday, 11 August, Copper (HG) is $3.98.
Volume
Today’s last reported volume for Copper is 48657, 99.99% below its average volume of 9367132742.57.
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: fear of a US recession ads to concerns over industrial activity in China – ANZ. According to FXStreet on Friday, 9 August, "Prices for Copper and the broader base metal market were hit hard earlier this week by a selloff across risk assets.", "Copper hit a record high earlier this year; but this month’s sharp moves lower in the JPY combined with concerns of a hard economic landing in the US could lead to further downside for Copper in the short term."
News about
- According to FXStreet on Friday, 9 August, "At the time of writing, Crude Oil (WTI) trades at $75.19 and Brent Crude at $78.75"
- According to Zacks on Friday, 9 August, "It recorded Crude Oil processed volumes of 53.8 thousand barrels per day (MBbl/D)."
More news about Copper (HG).