Copper is currently on bullish momentum. At 23:09 EST on Thursday, 6 May, Copper is at $4.65 and 14.02% up since the last session’s close.
Regarding Copper’s daily highs and lows, it’s 15.88% up from its trailing 30 days low of $4.01 and 2.166% down from its trailing 30 days high of $4.76.
Copper’s last week, last month’s, and last quarter’s current volatility was 0.26%, 0.14%, and 1.28%, respectively.
Copper’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.49% (last week), 1.13% (last month), and 1.28% (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).
Last news about Copper
Zambia shutters seized copper mine as prices soar toward record. According to Bloomberg Quint on Wednesday, 5 May, "The lack of capital is also curbing output at other operations of Konkola Copper Mines Plc, which was placed under provisional liquidation in 2019 after the government alleged Vedanta lied about expansion plans and paid too little tax."
More news about Copper.