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Copper Futures Bearish By 2% In The Last 5 Sessions

ViaNews Editorial Team

September 9, 2023

Copper Futures Bearish By 2% In The Last 5 Sessions
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(VIANEWS) - Copper (HG) has been up by 2.91% for the last 5 sessions. At 14:50 EST on Saturday, 9 September, Copper (HG) is $3.71.

Volume

Today's last reported volume for Copper is 64795, 99.99% below its average volume of 12187827824.26.

Volatility

Copper's last week, last month's, and last quarter's current intraday variation average was 0.35%, 0.43%, and 0.98%, respectively.

Copper's highest amplitude of average volatility was 0.74% (last week), 0.89% (last month), and 0.98% (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).

News about

  • According to FXStreet on Thursday, 7 September, " Looking ahead, oil traders await the EIA Crude Oil Stocks Change data for the week ending September 1 due on Thursday at 15:00 GMT. "
  • WTI looks to approach $87.00 level, focus on EIA crude oil data. According to FXStreet on Thursday, 7 September, "Traders await the upcoming data release of the EIA Crude Oil Stocks Change for the week ending on September 1, scheduled later in the day. "

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.