(VIANEWS) – Copper (HG) has been up by 7.65% for the last 10 sessions. At 11:50 EST on Monday, 18 March, Copper (HG) is $4.15.
Volume
Today’s last reported volume for Copper is 80456, 99.99% below its average volume of 10377893780.59.
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
- WTI crude oil weekly forecast: higher sustained prices developing strength – 17 March 2024. According to DailyForex on Sunday, 17 March, "The ability of WTI Crude Oil to start marching upwards on Wednesday and then reach velocity on Thursday is noteworthy, particularly because the commodity held onto its momentum on Friday and finished the week near its highs.WTI Crude Oil Trend and Coming Tests this Week", "While the bearish trend was occurring it should be noted on the 5th of October WTI Crude Oil was trading around the 82.000 ratio. "
- 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).
