Copper price was reduced by -0.55 percent – February 08 2019

February 13, 2019

by junjie li, investmacro.com

Copper End of Day: February 08 2019

The Copper Futures (Front Month) finished the North American session today with a decline of -0.55 percent and closed the day around the 281.3 price level, according to unofficial data at the New York close. The Copper Futures opened at 283.2 with the high of the day being 283.7 and the low of the day at 280.6.

The Copper RSI level is Bullish:

The Relative Strength Index, an indicator that can indicate overbought (above 80) and oversold levels (below 20), shows that the current RSI score is at 61.2 for a Bullish reading on the daily time-frame.

Copper Trends:

The Copper Futures (Front Month) has risen by 3.08 percent over the past 10 days while seeing a move higher by 4.19 over the past 30 days. The 90-day change is 0.91 while the 180-day return and the 365-day return are -8.39 and -8.85, respectively.

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