(VIANEWS) – Copper (HG) has been up by 4.4% for the last 10 sessions. At 23:50 EST on Wednesday, 15 March, Copper (HG) is $3.88.
Today’s last reported volume for Copper is 9270, 99.99% below its average volume of 14098246128.34.
Copper’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.76%, a negative 0.39%, and a positive 1.08%, respectively.
Copper’s highest amplitude of average volatility was 0.76% (last week), 1.35% (last month), and 1.08% (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).
- According to FXStreet on Wednesday, 15 March, "Adding weight to Crude Oil prices, the Energy Information Administration (EIA) informed that crude inventories rose by 1.55 million barrels last week, above expectations. "
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