Copper Futures Went Down By Over 9% In The Last 10 Sessions

(VIANEWS) – Copper (HG) has been up by 9.59% for the last 10 sessions. At 05:51 EST on Sunday, 2 June, Copper (HG) is $4.63.

Volume

Today’s last reported volume for Copper is 72064, 99.99% below its average volume of 9851636532.38.

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 Friday, 31 May, "At the time of writing, Crude Oil (WTI) trades at $77.77and Brent Crude at $81.93"
  • Crude oil stumbles amidst energy market jitters, WTI falls into a second month of losses. According to FXStreet on Friday, 31 May, "WTI continues to consolidate near familiar technical levels as US Crude Oil remains unable to decisively crack through the 200-day EMA at $79.00. ", "Increased market bets of a September rate cut from the Federal Reserve (Fed) were unable to spark a meaningful spike in Crude Oil markets as a sharp decline in US Personal Spending growth bodes poorly for WTI demand. "

More news about Copper (HG).

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