(VIANEWS) – Copper (HG) has been up by 3.94% for the last 5 sessions. At 13:51 EST on Thursday, 7 December, Copper (HG) is $3.77.
Volume
Today’s last reported volume for Copper is 24274, 99.99% below its average volume of 11114077166.76.
Volatility
Copper’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.06%, a positive 0.24%, and a positive 0.85%, respectively.
Copper’s highest amplitude of average volatility was 1.37% (last week), 0.95% (last month), and 0.85% (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
- Crude oil forecast: seems to be stuck in the same range – 06 December 2023. According to DailyForex on Wednesday, 6 December, "In the West Texas Intermediate (WTI) Crude Oil market, resilience was a key theme. "
- According to FXStreet on Wednesday, 6 December, "Consequently, Crude Oil inventories fell by 4.6 million barrels, exceeding the 1.4 million foreseen."
- According to FXStreet on Tuesday, 5 December, "Due to several factors, the US Crude Oil benchmark, known as WTI, extended its losses to four straight days. "
More news about Copper (HG).
