Copper Futures Bearish By 5% In The Last 10 Sessions

(VIANEWS) – Copper (HG) has been up by 5.99% for the last 10 sessions. At 10:52 EST on Monday, 6 February, Copper (HG) is $4.00.

Volume

Today’s last reported volume for Copper is 52180, 99.99% below its average volume of 15083367422.81.

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 overbought (>=80).

News about

  • According to DailyForex on Sunday, 5 February, "The West Texas Intermediate Crude Oil market has fallen during the week, as we continue to wonder whether or not there is going to be enough economic momentum to drive demand. "

More news about Copper (HG).

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