(VIANEWS) – Copper (HG) has been up by 2.44% for the last 5 sessions. At 22:50 EST on Sunday, 17 December, Copper (HG) is $3.88.
Volume
Today’s last reported volume for Copper is 71331, 99.99% below its average volume of 11203810358.2.
Volatility
Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.38%, 0.33%, and 0.84%, respectively.
Copper’s highest amplitude of average volatility was 0.82% (last week), 1.02% (last month), and 0.84% (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 forecast: rallies to show life again – 15 December 2023. According to DailyForex on Friday, 15 December, "The WTI Crude Oil market exhibited a significant upswing on Thursday, indicating an effort to establish a solid base for an upward trajectory. "
- Crude oil tests the low side on Friday, WTI drops below $72 per barrel. According to FXStreet on Friday, 15 December, "West Texas Intermediate (WTI) Crude Oil bids are shifting into the low side on Friday, testing into the red with an afternoon plunge into $70.65 before recovering to just below $72.00.", "US Crude Oil has rebounded nearly six percent from the week’s low bids, but is still down nearly ten percent from late November’s peaks at $79.62, and has shed over 23% from high-end bids just shy of $94.00 back in September."
More news about Copper (HG).
