(VIANEWS) – Copper (HG) has been up by 2.44% for the last 5 sessions. At 05:51 EST on Tuesday, 8 August, Copper (HG) is $3.75.
Volume
Today’s last reported volume for Copper is 37801, 99.99% below its average volume of 12501541116.73.
Volatility
Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.11%, 0.44%, and 1.04%, respectively.
Copper’s highest amplitude of average volatility was 1.10% (last week), 1.06% (last month), and 1.04% (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
- According to FXStreet on Tuesday, 8 August, "Also, the EIA Crude Oil Stocks Change for the week ending August 4 will be released. "
- According to DailyForex on Sunday, 6 August, "Because energy prices have risen slightly in the U.S. over the last month due to higher Crude Oil prices, a slight rise in the CPI would not be unexpected. "
- Crude oil forecast: bullish momentum amid supply tightening – 07 August 2023. According to DailyForex on Monday, 7 August, "The West Texas Intermediate Crude Oil market displayed notable strength during Friday’s trading session, as it rallied in an attempt to break above the crucial $82.50 resistance level.", "ââBoth WTI Crude Oil and Brent markets are showing bullish momentum, driven by the possibility of tightening oil supply through Saudi Arabia’s production cuts."
More news about Copper (HG).
