Copper Futures Bearish By 2% In The Last 5 Sessions

(VIANEWS) – Copper (HG) has been up by 2.91% for the last 5 sessions. At 14:50 EST on Saturday, 9 September, Copper (HG) is $3.71.

Volume

Today’s last reported volume for Copper is 64795, 99.99% below its average volume of 12187827824.26.

Volatility

Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.35%, 0.43%, and 0.98%, respectively.

Copper’s highest amplitude of average volatility was 0.74% (last week), 0.89% (last month), and 0.98% (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, 7 September, " Looking ahead, oil traders await the EIA Crude Oil Stocks Change data for the week ending September 1 due on Thursday at 15:00 GMT. "
  • WTI looks to approach $87.00 level, focus on EIA crude oil data. According to FXStreet on Thursday, 7 September, "Traders await the upcoming data release of the EIA Crude Oil Stocks Change for the week ending on September 1, scheduled later in the day. "

More news about Copper (HG).

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