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Copper Futures Jumps By 4% In The Last 10 Sessions

ViaNews Editorial Team

February 21, 2023

Copper Futures Jumps By 4% In The Last 10 Sessions
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(VIANEWS) - Copper (HG) has been up by 4.66% for the last 10 sessions. At 10:53 EST on Tuesday, 21 February, Copper (HG) is $4.23.

Volume

Today's last reported volume for Copper is 100589, 99.99% below its average volume of 14784915524.66.

Volatility

Copper's last week, last month's, and last quarter's current intraday variation average was a negative 0.52%, a negative 0.04%, and a positive 1.10%, respectively.

Copper's highest amplitude of average volatility was 1.54% (last week), 0.80% (last month), and 1.10% (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, 21 February, "Against the backdrop of weaker Crude Oil prices, softer Canadian consumer inflation figures weigh on the commodity-linked Loonie and provide a modest lift to 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.