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

(VIANEWS) – Copper (HG) has been up by 5.57% for the last 5 sessions. At 10:51 EST on Monday, 27 February, Copper (HG) is $3.98.

Volume

Today’s last reported volume for Copper is 62595, 99.99% below its average volume of 14830060424.34.

Volatility

Copper’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.33%, a negative 0.39%, and a positive 1.14%, respectively.

Copper’s highest amplitude of average volatility was 2.60% (last week), 1.22% (last month), and 1.14% (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 DailyForex on Sunday, 26 February, "The WTI Crude Oil market has fallen a bit during the trading week, as we continue to bang around in the same range. "
  • WTI crude oil forecast: crude oil continues to drift back and forth – 27 February 2023. According to DailyForex on Monday, 27 February, "During Friday’s trading session, the West Texas Intermediate Crude Oil market experienced some volatility, causing it to dip slightly. ", "Like the WTI Crude Oil market, it continues to move within a range and faces the same challenges."

More news about Copper (HG).

Leave a Reply

Your email address will not be published. Required fields are marked *