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 17:50 EST on Sunday, 19 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, "Southern Copper will be looking to display strength as it nears its next earnings release. ", "Valuation is also important, so investors should note that Southern Copper has a Forward P/E ratio of 20.25 right now. "

News about

  • Crude oil forecast: continues to look negative overall – 17 March 2023. According to DailyForex on Friday, 17 March, "The West Texas Intermediate Crude Oil market displayed reluctance to move during Thursday’s trading session. "

More news about Copper (HG).

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