Copper Futures Bearish Momentum With A 5% Fall In The Last 10 Sessions

(VIANEWS) – Copper (HG) has been up by 5.25% for the last 10 sessions. At 11:52 EST on Thursday, 10 October, Copper (HG) is $4.43.

Volume

Today’s last reported volume for Copper is 43676, 99.99% below its average volume of 8830654056.42.

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)

  • Can ero copper (ero) keep the earnings surprise streak alive?. According to Zacks on Tuesday, 8 October, "Thanks in part to this history, there has been a favorable change in earnings estimates for Ero Copper lately. ", "Ero Copper currently has an Earnings ESP of +5.21%, which suggests that analysts have recently become bullish on the company’s earnings prospects. "

News about

  • Crude oil faces profit-taking after Israel’s response remains muted. According to FXStreet on Tuesday, 8 October, "At the time of writing, Crude Oil (WTI) trades at $75.03 and Brent Crude at $79.05"

More news about Copper (HG).

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