Copper Futures Went Down By Over 8% In The Last 10 Sessions

(VIANEWS) – Copper (HG) has been up by 8.81% for the last 10 sessions. At 17:50 EST on Thursday, 30 May, Copper (HG) is $4.66.

Volume

Today’s last reported volume for Copper is 82314, 99.99% below its average volume of 9646190861.04.

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).

News about

  • According to FXStreet on Wednesday, 29 May, "At the time of writing, Crude Oil (WTI) trades at $80.33 and Brent Crude at $84.62."
  • According to FXStreet on Thursday, 30 May, "In the previous week, the API Weekly Crude Oil Stock indicated a decrease of 6.49 million barrels, contrasting with the 2.48 million barrels added in the week prior."

More news about Copper (HG).

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