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Copper Futures Bullish Momentum With A 2% Jump In The Last 5 Sessions

ViaNews Editorial Team

September 3, 2023

Copper Futures Bullish Momentum With A 2% Jump In The Last 5 Sessions
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(VIANEWS) - Copper (HG) has been up by 2.46% for the last 5 sessions. At 14:50 EST on Sunday, 3 September, Copper (HG) is $3.85.

Volume

Today's last reported volume for Copper is 78649, 99.99% below its average volume of 12264770809.87.

Volatility

Copper's last week, last month's, and last quarter's current intraday variation average was 0.73%, 0.21%, and 0.94%, respectively.

Copper's highest amplitude of average volatility was 0.75% (last week), 0.87% (last month), and 0.94% (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 Friday, 1 September, "At the time of writing, Crude Oil (WTI) price trades at $83.55 per barrel and Brent Oil at $86.98."
  • Crude oil forecast: sees an upward momentum in general - 01 September 2023. According to DailyForex on Friday, 1 September, "Simultaneously, Brent Crude Oil also marked an upward swing in last Thursday's trading session, punctuated by a distinct breakout from a bullish flag configuration. "

More news about Copper (HG).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.