Copper Futures Went Down By Over 3% In The Last 5 Sessions

(VIANEWS) – Copper (HG) has been up by 3.4% for the last 5 sessions. At 02:50 EST on Friday, 12 July, Copper (HG) is $4.49.

Volume

Today’s last reported volume for Copper is 8769, 99.99% below its average volume of 9340111476.16.

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)

  • Industrial metal complex ex. copper contracts – TDS. According to FXStreet on Wednesday, 10 July, "In the industrial metals complex Commodity Trading Advisors (CTAs) have turned sellers of Zinc, Lead and Nickel, while Copper sees a continuation of the early week rally, TDS commodity analysts note.", "Meanwhile, the failure of Copper to see a continuation of the early week rally is seeing the selling trigger creep closer to market yet again, with the first key downside momentum trigger sitting at $9,598/t."

More news about Copper (HG).

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