(VIANEWS) – Copper (HG) has been up by 3.51% for the last 5 sessions. At 14:52 EST on Friday, 24 March, Copper (HG) is $4.07.
Volume
Today’s last reported volume for Copper is 80305, 99.99% below its average volume of 13856906986.04.
Volatility
Copper’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.79%, a negative 0.16%, and a positive 1.10%, respectively.
Copper’s highest amplitude of average volatility was 0.79% (last week), 1.08% (last month), and 1.10% (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 Wednesday, 22 March, "Also important to watch is the weekly Crude Oil inventory data from the US Energy Information Administration (EIA), up for publishing on Wednesday and expected -1.448M versus 1.55M prior.", "December 2022 low near $70.30 precedes a two-week-old descending resistance line, around $71.40, to restrict Crude Oil upside."
- According to Zacks on Wednesday, 22 March, "The ProShares Ultra Bloomberg Crude Oil ETF (UCO Quick QuoteUCO – Free Report) last week reported a daily inflow of $158 million, the second-largest amount the fund has pulled in over a single day, according to data going back to 2008, per a Bloomberg article, as quoted on Yahoo Finance. "
More news about Copper (HG).
