Copper Futures Slides By 8% In The Last 21 Sessions

(VIANEWS) – Copper (HG) has been up by 8.72% for the last 21 sessions. At 20:51 EST on Thursday, 25 May, Copper (HG) is $3.60.


Today’s last reported volume for Copper is 1407, 99.99% below its average volume of 13251970484.61.


Copper’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.01%, a negative 0.01%, and a positive 1.00%, respectively.

Copper’s highest amplitude of average volatility was 1.08% (last week), 1.14% (last month), and 1.00% (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).

Previous days news about Copper (HG)

  • Copper: sluggish demand from China points to lower prices – ING. According to FXStreet on Wednesday, 24 May, "We expect Copper prices to remain volatile as the market will continue to react to any policy change from China. "

News about

  • Crude oil forecast: finding its summer range – 24 May 2023. According to DailyForex on Wednesday, 24 May, "Ultimately, the WTI Crude Oil and Brent markets are navigating a volatile landscape as they attempt to establish summer ranges. "
  • According to FXStreet on Thursday, 25 May, "At the time of writing, WTI Oil is trading in the mid$72s and Brent Crude Oil in the mid$76s. "
  • According to FXStreet on Thursday, 25 May, "That said, the EIA Crude Oil Stocks Change came in at -12.456M versus 0.775M market forecasts and 5.04M previous readings."

More news about Copper (HG).

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