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Copper Futures Went Up By Over 5% In The Last 10 Sessions

ViaNews Editorial Team

August 21, 2024

Copper Futures Went Up By Over 5% In The Last 10 Sessions
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(VIANEWS) - Copper (HG) has been up by 5.43% for the last 10 sessions. At 17:51 EST on Wednesday, 21 August, Copper (HG) is $4.20.

Volume

Today's last reported volume for Copper is 40905, 99.99% below its average volume of 9181207170.37.

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).

Previous days news about Copper (HG)

  • Fading fears of recession buoy copper – commerzbank. According to FXStreet on Tuesday, 20 August, "The mine alone accounts for around 5% of the world's Copper ore supply and has often been the scene of lengthy strikes in the past.", "In July, exports of unwrought Copper and Copper products were again significantly lower than in the previous month. "

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.