(VIANEWS) – Copper (HG) has been up by 4.03% for the last 10 sessions. At 13:50 EST on Tuesday, 30 January, Copper (HG) is $3.91.
Volume
Today’s last reported volume for Copper is 79238, 99.99% below its average volume of 10721529848.1.
Volatility
Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.36%, 0.22%, and 0.80%, respectively.
Copper’s highest amplitude of average volatility was 0.72% (last week), 0.67% (last month), and 0.80% (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
- WTI crude oil weekly forecast: move higher as risk adds to complicated price – 28 January 2024. According to DailyForex on Sunday, 28 January, "If WTI Crude Oil falls below 78.000 USD this might be a sign that Crude Oil speculators have been able to calm their nerves via potential statements coming from producers and shipping companies operating in the Middle East.", "Importantly, day traders need to understand most of the larger players in WTI Crude Oil are experienced and may return to their trading desks more calm than they were on late Friday when news of the Red Sea attack first were heard.WTI Crude Oil Weekly Outlook:Speculative price range for WTI Crude Oil is 76.100 to 81.100 USD."
More news about Copper (HG).
