Copper was higher by 0.71 percent – May 24 2019

May 27, 2019

by junjie li, investmacro.com

Copper End of Day: May 24 2019

The Copper Futures (Front Month) finished the North American session today with a increase of 0.71 percent and closed the day around the 269.95 price level, according to unofficial data at the New York close. The Copper Futures opened at 268.15 with the high of the day being 270.85 and the low of the day at 268.05.

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 current RSI score is at 34.7 for a Bearish reading on the daily time-frame.

Copper Trends:

The Copper Futures (Front Month) has slid by -2.70 percent over the past 10 days while seeing a decline of -6.49 over the past 30 days. The 90-day change is 2.47 while the 180-day return and the 365-day return are 2.39 and -10.36, respectively.

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