Tuesday, May 5, 2026
Search

Copper Futures Bearish By 2% In The Last 5 Sessions

Copper Futures Bearish By 2% In The Last 5 Sessions
Loading stream...

(VIANEWS) - Copper (HG) has been up by 2.37% for the last 5 sessions. At 14:51 EST on Thursday, 20 July, Copper (HG) is $3.83.

Volume

Today's last reported volume for Copper is 66091, 99.99% below its average volume of 12485471623.56.

Volatility

Copper's last week, last month's, and last quarter's current intraday variation average was a negative 0.56%, a positive 0.33%, and a positive 1.00%, respectively.

Copper's highest amplitude of average volatility was 0.60% (last week), 1.15% (last month), and 1.00% (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 Tuesday, 18 July, "Friday saw a strong reversal in USD/CAD on the back of a combination of weaker Crude Oil prices, which weighed on CAD, and much better-than-expected Michigan Consumer Sentiment data out of the US, which supported the US Dollar."
  • According to FXStreet on Tuesday, 18 July, "Following the recent pullback from a nearly three-month high witnessed over the past two days, Crude Oil prices regain some positive traction and underpin the commodity-linked Loonie. ", "This, along with worries that a global economic downturn will dent fuel demand, should keep a lid on any meaningful rise in Crude Oil prices and help limit the downside for the USD/CAD pair. "

More news about Copper (HG).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.