(VIANEWS) – Copper (HG) has been up by 13.13% for the last 21 sessions. At 05:52 EST on Thursday, 3 October, Copper (HG) is $4.61.
Volume
Today’s last reported volume for Copper is 15462, 99.99% below its average volume of 8928050523.43.
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)
- Copper market significantly more oversupplied than expected in spring – commerzbank. According to FXStreet on Tuesday, 1 October, "The International Copper Study Group (ICSG) then followed with the publication of its forecasts for the copper market, Commerzbank’s commodity analyst Carsten Fritsch notes."
News about
- According to FXStreet on Tuesday, 1 October, "This, along with some follow-through US Dollar (USD) buying, bolstered by the Federal Reserve (Fed) Chair Jerome Powell’s relatively hawkish remarks on Monday, turn out to be key factors weighing on Crude Oil prices.", "This, in turn, validates the bearish outlook and suggests that the path of least resistance for Crude Oil prices remains to the downside."
More news about Copper (HG).
