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Copper Futures Bullish Momentum With A 4% Jump In The Last 5 Sessions

Copper Futures Bullish Momentum With A 4% Jump In The Last 5 Sessions
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(VIANEWS) - Copper (HG) has been up by 4.13% for the last 5 sessions. At 04:50 EST on Thursday, 2 March, Copper (HG) is $4.12.

Volume

Today's last reported volume for Copper is 19887, 99.99% below its average volume of 14563253221.06.

Volatility

Copper's last week, last month's, and last quarter's current intraday variation average was a negative 1.33%, a negative 0.39%, and a positive 1.14%, respectively.

Copper's highest amplitude of average volatility was 2.60% (last week), 1.22% (last month), and 1.14% (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 Wednesday, 1 March, "Furthermore, an intraday downtick in Crude Oil prices might undermine the commodity-linked Loonie and supports prospects for the emergence of some dip-buying around the USD/CAD pair. "

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.