Copper Futures Bearish Momentum With A 3% Drop In The Last 10 Sessions

(VIANEWS) – Copper (HG) has been up by 3.56% for the last 10 sessions. At 19:50 EST on Saturday, 13 January, Copper (HG) is $3.74.

Volume

Today’s last reported volume for Copper is 85716, 99.99% below its average volume of 10963549551.33.

Volatility

Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.37%, 0.28%, and 0.78%, respectively.

Copper’s highest amplitude of average volatility was 0.86% (last week), 0.69% (last month), and 0.78% (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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