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Copper Futures Bullish Momentum With A 11% Jump In The Last 21 Sessions

ViaNews Editorial Team

October 4, 2024

Copper Futures Bullish Momentum With A 11% Jump In The Last 21 Sessions
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(VIANEWS) - Copper (HG) has been up by 11.36% for the last 21 sessions. At 08:51 EST on Friday, 4 October, Copper (HG) is $4.57.

Volume

Today's last reported volume for Copper is 21768, 99.99% below its average volume of 8870976424.1.

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

  • Crude oil posts fresh monthly high as markets weigh up likelihood of fresh escalation in middle east. According to FXStreet on Friday, 4 October, "At the time of writing, Crude Oil (WTI) trades at $74.36 and Brent Crude at $78.44"
  • Crude oil higher with explosions head in beirut on Thursday. According to FXStreet on Thursday, 3 October, "At the time of writing, Crude Oil (WTI) trades at $71.71and Brent Crude at $75.63"

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.