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Copper Futures Bullish By 3% In The Last 5 Sessions

(VIANEWS) – Copper (HG) has been up by 3.25% for the last 5 sessions. At 11:52 EST on Thursday, 12 September, Copper (HG) is $4.20.

Volume

Today’s last reported volume for Copper is 47198, 99.99% below its average volume of 8985863117.89.

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)

  • Wall street analysts think ero copper (ero) is a good investment: is it?. According to Zacks on Wednesday, 11 September, "Ero Copper currently has an average brokerage recommendation (ABR) of 1.67, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 12 brokerage firms. ", "Check price target & stock forecast for Ero Copper here>>>While the ABR calls for buying Ero Copper, it may not be wise to make an investment decision solely based on this information. "

News about

  • Crude oil eases slightly ahead of OPEC monthly report. According to FXStreet on Tuesday, 10 September, "At the time of writing, Crude Oil (WTI) trades at $67.37 and Brent Crude at $70.95"
  • According to FXStreet on Thursday, 12 September, "EIA data showed that Crude Oil Stocks rose by 0.833 million barrels for the week ending September 6, slightly below the forecasted increase of 0.9 million barrels."
  • Crude oil extends rebound amid concerns about impact of francine tropical storm on US production. According to FXStreet on Thursday, 12 September, "Crude Oil pops over 1.00% for a second day in a row after booking over 1.50% gains on Wednesday, which was the biggest daily gain for Crude Oil in two weeks. ", "At the time of writing, Crude Oil (WTI) trades at $67.70 and Brent Crude at $71.29"

More news about Copper (HG).

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