Copper Futures Bearish Momentum With A 4% Slide In The Last 10 Sessions

(VIANEWS) – Copper (HG) has been up by 4.63% for the last 10 sessions. At 23:51 EST on Friday, 11 August, Copper (HG) is $3.72.

Volume

Today’s last reported volume for Copper is 90906, 99.99% below its average volume of 12501541449.28.

Volatility

Copper’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.08%, a positive 0.37%, and a positive 1.01%, respectively.

Copper’s highest amplitude of average volatility was 0.62% (last week), 1.11% (last month), and 1.01% (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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