(VIANEWS) – Copper (HG) has been up by 2.66% for the last 5 sessions. At 20:51 EST on Friday, 21 July, Copper (HG) is $3.82.
Volume
Today’s last reported volume for Copper is 58653, 99.99% below its average volume of 12405743416.25.
Volatility
Copper’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.51%, a positive 0.30%, and a positive 0.99%, respectively.
Copper’s highest amplitude of average volatility was 0.59% (last week), 1.12% (last month), and 0.99% (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, 20 July, "WTI price edges lower from the Crude Oil Stocks Change data, and market participants will keep an eye on Sino-US relations for fresh impetus.", "The Energy Information Administration (EIA) reported on Wednesday that the EIA Crude Oil Stocks Change in the week ending July 14 fell by 708,000 barrels, compared to expectations of a drop of 2.44 million barrels and a gain of 5.946 million barrels the previous week."
- Crude oil forecast: markets rally as OPEC cuts support prices – 20 July 2023. According to DailyForex on Thursday, 20 July, "In the WTI Crude Oil market, the ongoing rally suggests a continued attempt to reach the 200-Day EMA, a widely monitored indicator. "
- According to FXStreet on Friday, 21 July, "Earlier this week, the Energy Information Administration (EIA) reported that the EIA Crude Oil Stocks Change in the week ending July 14 fell by 708,000 barrels, compared to expectations of a drop of 2.44 million barrels and a gain of 5.946 million barrels the previous week."
More news about Copper (HG).
