Copper Futures Slides By 4% In The Last 10 Sessions

(VIANEWS) – Copper (HG) has been up by 4.05% for the last 10 sessions. At 20:50 EST on Wednesday, 16 October, Copper (HG) is $4.38.

Volume

Today’s last reported volume for Copper is 1133, 99.99% below its average volume of 8854803431.98.

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)

  • China imported more copper and large quantities of copper ore again in September – commerzbank. According to FXStreet on Tuesday, 15 October, "The latest data suggest that the supply of Copper ore is improving, which would argue against significant cuts in Copper production in China. ", "This is another reason why Copper imports could be lower in the coming months, which would argue against a rising Copper price."

More news about Copper (HG).

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