Copper Futures Bullish Momentum With A 7% Jump In The Last 21 Sessions

(VIANEWS) – Copper (HG) has been up by 7.53% for the last 21 sessions. At 23:52 EST on Monday, 27 May, Copper (HG) is $4.84.

Volume

Today’s last reported volume for Copper is 37419, 99.99% below its average volume of 9821752678.55.

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 stretches gains, WTI tests $78.50 ahead of inflation data and looming opec+ meeting. According to FXStreet on Monday, 27 May, "Last week’s US Crude Oil supply tracking saw yet another unexpected buildup of US barrel counts. ", "West Texas Intermediate (WTI) US Crude Oil continued to gain on Monday, climbing above $78.50 per barrel. "

More news about Copper (HG).

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