Copper Futures Bullish Momentum With A 11% Jump In The Last 21 Sessions

(VIANEWS) – Copper (HG) has been up by 11.36% for the last 21 sessions. At 08:51 EST on Friday, 4 October, Copper (HG) is $4.57.

Volume

Today’s last reported volume for Copper is 21768, 99.99% below its average volume of 8870976424.1.

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

  • Crude oil posts fresh monthly high as markets weigh up likelihood of fresh escalation in middle east. According to FXStreet on Friday, 4 October, "At the time of writing, Crude Oil (WTI) trades at $74.36 and Brent Crude at $78.44"
  • Crude oil higher with explosions head in beirut on Thursday. According to FXStreet on Thursday, 3 October, "At the time of writing, Crude Oil (WTI) trades at $71.71and Brent Crude at $75.63"

More news about Copper (HG).

Leave a Reply

Your email address will not be published. Required fields are marked *