Copper Futures Jumps By 4% In The Last 10 Sessions

(VIANEWS) – Copper (HG) has been up by 4.21% for the last 10 sessions. At 05:51 EST on Wednesday, 20 March, Copper (HG) is $4.03.

Volume

Today’s last reported volume for Copper is 29952, 99.99% below its average volume of 10268191383.8.

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).

Previous days news about Copper (HG)

  • Strength seen in southern copper (scco): can its 6.0% jump turn into more strength?. According to Zacks on Monday, 18 March, "Southern Copper (SCCO Quick QuoteSCCO – Free Report) shares ended the last trading session 6% higher at $103. "

News about

  • Crude oil extends rally, WTI crosses above $82.00. According to FXStreet on Monday, 18 March, "US Crude Oil tested its highest barrel prices since November, hitting a 16-week high of $82.46 to kick off the new trading week.", "West Texas Intermediate (WTI) US Crude Oil climbed over $82.00 per barrel on Monday, extending a near-term bull. "
  • According to FXStreet on Monday, 18 March, "West Texas Intermediate (WTI) US Crude Oil prices build on last week’s strong gains of nearly 4% and gain some follow-through positive traction on Monday. ", "Nevertheless, the aforementioned fundamental backdrop favours bullish traders and suggests that the path of least resistance for Crude Oil prices remains to the upside. "

More news about Copper (HG).

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