(VIANEWS) – Copper (HG) has been up by 8.49% for the last 21 sessions. At 08:50 EST on Sunday, 14 May, Copper (HG) is $3.73.
Volume
Today’s last reported volume for Copper is 78256, 99.99% below its average volume of 13681258216.05.
Volatility
Copper’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.06%, a negative 0.03%, and a positive 1.01%, respectively.
Copper’s highest amplitude of average volatility was 0.73% (last week), 0.82% (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).
News about
- Crude oil forecast: continues to look toward lower levels – 12 May 2023. According to DailyForex on Friday, 12 May, "TL; DR: the WTI Crude Oil (US Oil) market displayed signs of hesitation and exhaustion after attempting an initial rally. "
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