Copper price was reduced by -1.05 percent – November 29 2017 (NY Close).

November 29, 2017

By Junjie Li, InvestMacro.comReceive our weekly COT Reports by Email

Copper End of Day: November 29 2017

The JJC iPath Bloomber Copper ETN, which tracks the price of copper, finished the North American session today with a lowering of -1.05 percent and closed the day around the 34.74 price level, according to unofficial data at the New York close. The JJC ETF opened at 34.69 with the high of the day being 34.9056 and the low of the day at 34.66.The JJC iPath Bloomber Copper ETN, which tracks the price of copper, is now down by -0.26 percent over the past 10 days while seeing a decline of -5.08 over the past 30 days. The 90-day change is 11.49 while the 180-day return and the 365-day return are 13.60 and 45.48, respectively.

The Copper RSI level is Bearish:

The Relative Strength Index, an indicator that can indicate overbought (above 80) and oversold levels (below 20), shows that the RSI score is at 43.0 for a Bearish reading on the daily time-frame.

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