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Copper Futures Drops By 3% In The Last 10 Sessions

ViaNews Editorial Team

September 27, 2023

Copper Futures Drops By 3% In The Last 10 Sessions
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(VIANEWS) - Copper (HG) has been up by 3.95% for the last 10 sessions. At 11:51 EST on Wednesday, 27 September, Copper (HG) is $3.65.

Volume

Today's last reported volume for Copper is 45657, 99.99% below its average volume of 11874938444.82.

Volatility

Copper's last week, last month's, and last quarter's current intraday variation average was 0.08%, 0.69%, and 1.00%, respectively.

Copper's highest amplitude of average volatility was 0.79% (last week), 0.90% (last month), and 1.00% (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

  • Crude oil forecast: oil markets surge amid supply concerns - 25 September 2023. According to DailyForex on Monday, 25 September, "Brent Crude Oil MarketBrent markets have also demonstrated a notable upward surge, indicating the potential to breach the $95 level.", "The WTI Crude Oil and Brent markets both reflect this sentiment, with the potential for further gains in the future. "

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.