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Copper Futures Bearish Momentum With A 3% Drop In The Last 5 Sessions

(VIANEWS) – Copper (HG) has been up by 3.61% for the last 5 sessions. At 11:50 EST on Saturday, 18 March, Copper (HG) is $3.90.

Volume

Today’s last reported volume for Copper is 69462, 99.99% below its average volume of 14454897183.99.

Volatility

Copper’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.29%, a negative 0.50%, and a positive 1.11%, respectively.

Copper’s highest amplitude of average volatility was 1.29% (last week), 1.45% (last month), and 1.11% (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).

Previous days news about Copper (HG)

  • Southern copper (scco) stock moves -0.58%: what you should know. According to Zacks on Friday, 17 March, "Valuation is also important, so investors should note that Southern Copper has a Forward P/E ratio of 20.25 right now. ", "Southern Copper will be looking to display strength as it nears its next earnings release. "

More news about Copper (HG).

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