Copper Futures Bearish By 3% In The Last 10 Sessions

(VIANEWS) – Copper (HG) has been up by 3.73% for the last 10 sessions. At 01:58 EST on Thursday, 9 February, Copper (HG) is $4.08.

Volume

Today’s last reported volume for Copper is 9251, 99.99% below its average volume of 14784914881.85.

Volatility

Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.25%, 0.81%, and 1.57%, respectively.

Copper’s highest amplitude of average volatility was 1.22% (last week), 1.20% (last month), and 1.57% (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).

News about

  • According to FXStreet on Tuesday, 7 February, "Nevertheless, Crude Oil prices remain underpinned following an earthquake in Turkey and Syria, which disrupted one of Turkey’s ports that exported around 1% of global supplies in January. ", "Aside from this, Statistics Canada revealed its trade balance narrowed, compared to December’s data, as lower Crude Oil prices weighed on energy export and imports of consumer goods fell, according to Reuters. "

More news about Copper (HG).

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