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Copper Futures Bullish Momentum With A 10% Jump In The Last 21 Sessions

Copper Futures Bullish Momentum With A 10% Jump In The Last 21 Sessions
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(VIANEWS) - Copper (HG) has been up by 10.43% for the last 21 sessions. At 05:50 EST on Thursday, 4 April, Copper (HG) is $4.25.

Volume

Today's last reported volume for Copper is 29202, 99.99% below its average volume of 10118447876.28.

Volatility

Copper's last week, last month's, and last quarter's current intraday variation average was 0.05%, 0.25%, and 0.82%, respectively.

Copper's highest amplitude of average volatility was 0.41% (last week), 0.68% (last month), and 0.82% (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

  • According to FXStreet on Tuesday, 2 April, "Spot prices currently trade around the 1.3580 area and remain supported by some follow-through US Dollar (USD) buying, though bullish Crude Oil prices might cap any further gains.", "Meanwhile, Crude Oil prices stand tall near a five-month high touched on Monday amid signs of improved demand and the risk of a further escalation of tensions in the Middle East. "

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.