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

(VIANEWS) – Copper (HG) has been up by 4.5% for the last 10 sessions. At 02:50 EST on Tuesday, 25 April, Copper (HG) is $3.95.

Volume

Today’s last reported volume for Copper is 8444, 99.99% below its average volume of 13896555903.3.

Volatility

Copper’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.74%, a negative 0.31%, and a positive 1.00%, respectively.

Copper’s highest amplitude of average volatility was 0.74% (last week), 0.70% (last month), and 1.00% (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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