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Copper Futures Went Down By Over 7% In The Last 21 Sessions

(VIANEWS) – Copper (HG) has been up by 7.65% for the last 21 sessions. At 14:50 EST on Thursday, 16 March, Copper (HG) is $3.87.

Volume

Today’s last reported volume for Copper is 82020, 99.99% below its average volume of 13996673957.4.

Volatility

Copper’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.76%, a negative 0.39%, and a positive 1.08%, respectively.

Copper’s highest amplitude of average volatility was 0.76% (last week), 1.35% (last month), and 1.08% (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

  • Crude oil forecast: crude oil tests the bottom of its range – 14 March 2023. According to DailyForex on Tuesday, 14 March, "The West Texas Intermediate (WTI) Crude Oil market has been struggling as of late, with concerns mounting about the demand for oil in the current economic climate. "

More news about Copper (HG).

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