Copper Futures Drops By 3% In The Last 10 Sessions

(VIANEWS) – Copper (HG) has been up by 3.95% for the last 10 sessions. At 11:51 EST on Wednesday, 27 September, Copper (HG) is $3.65.

Volume

Today’s last reported volume for Copper is 45657, 99.99% below its average volume of 11874938444.82.

Volatility

Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.08%, 0.69%, and 1.00%, respectively.

Copper’s highest amplitude of average volatility was 0.79% (last week), 0.90% (last month), and 1.00% (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 overbought (>=80).

News about

  • Crude oil forecast: oil markets surge amid supply concerns – 25 September 2023. According to DailyForex on Monday, 25 September, "Brent Crude Oil MarketBrent markets have also demonstrated a notable upward surge, indicating the potential to breach the $95 level.", "The WTI Crude Oil and Brent markets both reflect this sentiment, with the potential for further gains in the future. "

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