(VIANEWS) – Copper (HG) has been up by 3.18% for the last 5 sessions. At 11:52 EST on Thursday, 11 July, Copper (HG) is $4.52.
Volume
Today’s last reported volume for Copper is 58335, 99.99% below its average volume of 9385232580.12.
Volatility
Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.05%, 0.25%, and 0.82%, respectively.
Copper’s highest amplitude of average volatility was 0.41% (last week), 0.68% (last month), and 0.82% (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 oversold (<=20).
Previous days news about Copper (HG)
- Copper trades weak ahead of China's third plenum – TDS. According to FXStreet on Tuesday, 9 July, "While investor appetite for Copper in the Middle Kingdom has been muted, top Shanghai Futures Exchange (SHFE) traders have covered their recent shorts heading into the plenum. "
- Industrial metal complex ex. copper contracts – TDS. According to FXStreet on Wednesday, 10 July, "In the industrial metals complex Commodity Trading Advisors (CTAs) have turned sellers of Zinc, Lead and Nickel, while Copper sees a continuation of the early week rally, TDS commodity analysts note.", "Meanwhile, the failure of Copper to see a continuation of the early week rally is seeing the selling trigger creep closer to market yet again, with the first key downside momentum trigger sitting at $9,598/t."
News about
- According to FXStreet on Wednesday, 10 July, "The Canadian Dollar (CAD) edged higher on Wednesday, bolstered more by a general uptick in broad-market risk appetite and a bullish reversal in Crude Oil than anything related to a shift in CAD sentiment. "
- According to FXStreet on Thursday, 11 July, "The outlook keeps the USD bulls on the defensive and seems to benefit the USD-denominated commodities, including Crude Oil prices.", "This is seen underpinning Crude Oil prices amid a modest US Dollar (USD) weakness."
More news about Copper (HG).
