(VIANEWS) – Copper (HG) has been up by 7.72% for the last 21 sessions. At 16:50 EST on Saturday, 2 December, Copper (HG) is $3.92.
Volume
Today’s last reported volume for Copper is 104477, 99.99% below its average volume of 11334542378.31.
Volatility
Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.19%, 0.24%, and 0.80%, respectively.
Copper’s highest amplitude of average volatility was 0.83% (last week), 0.80% (last month), and 0.80% (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
- Crude oil forecast: continues to look to OPEC – 30 November 2023. According to DailyForex on Thursday, 30 November, "As WTI Crude Oil embarked on a modest rally during Wednesday’s trading session, it became apparent that the market was engaged in a bit of a dance, trading within a consolidation phase after a substantial sell-off. "
- According to FXStreet on Friday, 1 December, "On Wednesday, the US EIA Crude Oil Stocks Change for the week ending on November 24 reported the barrels of stock at 1.609M against the deficit of 0.933M. "
More news about Copper (HG).
