Copper Futures Bullish By 3% In The Last 10 Sessions

(VIANEWS) – Copper (HG) has been up by 3.52% for the last 10 sessions. At 23:50 EST on Friday, 16 August, Copper (HG) is $4.15.

Volume

Today’s last reported volume for Copper is 48503, 99.99% below its average volume of 9322185122.59.

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).

News about

  • According to FXStreet on Thursday, 15 August, "The EIA Crude Oil Stocks Change also reported an unexpected increase in US Oil inventories, which rose by 1.357 million barrels for the week ending August 9. "
  • According to FXStreet on Friday, 16 August, "From a technical perspective, Crude Oil prices earlier this week struggled to capitalize on the move beyond the very important 200-day Simple Moving Average (SMA). "

More news about Copper (HG).

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