(VIANEWS) – Copper (HG) is currently on bearish momentum. At 11:04 EST on Sunday, 12 September, Copper (HG) is at $4.23 and 1.09% down since the last session’s close.
Today’s last reported volume for Copper is 542, 99.99% below its average volume of 19519082247.41.
About Copper’s daily highs and lows, it’s 1.041% down from its trailing 24 hours low of $4.28 and 5.177% down from its trailing 24 hours high of $4.46.
Copper’s last week, last month’s, and last quarter’s current volatility was a negative 0.22%, a negative 0.15%, and a positive 1.17%, 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 1.03% (last week), 1.05% (last month), and 1.17% (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
- WTI crude oil forecast: market tests downtrend line – 09 September 2021. According to DailyForex on Thursday, 9 September, "The West Texas Intermediate Crude Oil market rallied a bit on Wednesday to test the downtrend line that I have been paying close attention to for quite some time now. "
More news about Copper (HG).