Copper Futures Bearish Momentum With A 2% Fall In The Last 5 Sessions

(VIANEWS) – Copper (HG) has been up by 2.38% for the last 5 sessions. At 16:51 EST on Wednesday, 1 February, Copper (HG) is $4.18.

Volume

Today’s last reported volume for Copper is 83280, 99.99% below its average volume of 14921180645.98.

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).

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