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Copper Futures Over 8% Down In The Last 21 Sessions

Copper Futures Over 8% Down In The Last 21 Sessions
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(VIANEWS) - Copper (HG) has been up by 8.79% for the last 21 sessions. At 05:52 EST on Thursday, 25 May, Copper (HG) is $3.59.

Volume

Today's last reported volume for Copper is 26907, 99.99% below its average volume of 13306430378.16.

Volatility

Copper's last week, last month's, and last quarter's current intraday variation average was a negative 0.14%, a positive 0.07%, and a positive 0.97%, respectively.

Copper's highest amplitude of average volatility was 0.85% (last week), 1.06% (last month), and 0.97% (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).

Previous days news about Copper (HG)

  • Copper: sluggish demand from China points to lower prices – ING. According to FXStreet on Wednesday, 24 May, "We expect Copper prices to remain volatile as the market will continue to react to any policy change from China. "

News about

  • Crude oil forecast: finding its summer range - 24 May 2023. According to DailyForex on Wednesday, 24 May, "Ultimately, the WTI Crude Oil and Brent markets are navigating a volatile landscape as they attempt to establish summer ranges. "
  • According to FXStreet on Tuesday, 23 May, "At the time of writing, WTI Oil is trading in the lower$72s and Brent Crude Oil in the lower $77s. "

More news about Copper (HG).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.