Copper is currently on bullish momentum. At 11:05 EST on Monday, 3 May, Copper is at $4.52 and 1.13% up since the last session’s close.
Regarding Copper’s daily highs and lows, it’s 1.278% up from its trailing 24 hours low of $4.46 and 0.826% up from its trailing 24 hours high of $4.48.
Copper’s last week, last month’s, and last quarter’s current volatility was a negative 0.52%, a positive 0.25%, and a positive 1.31%, 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 1.81% (last week), 1.28% (last month), and 1.31% (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 overbought (>=80).
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