Today
-1.14%
5 Days
-3.22%
1 Month
-2.74%
6 Months
+5.69%
Year to Date
+9.16%
1 Year
+3.83%
Opening Price
Previous Closing Price
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
Comex Copper prices are under significant pressure, falling almost 19% after the White House provided further details on Copper tariffs set to take effect on 1 August, ING's commodity experts Ewa Manthey and Warren Patterson note.
Copper prices on Comex slumped after Chile’s finance minister said the country will push for an exemption for a planned US tariff on the metal. Trade talks between the US and Chile started in Washington on Monday, ING’s commodity analysts Warren Patterson and Ewa Manthey note.
Copper inventories on the Shanghai Futures Exchange fell 13% to 73,423 tonnes on Friday to the lowest level since December, ING's commodity experts Ewa Manthey and Warren Patterson note.
Lead prices surged after a sharp rise in LME warehouse withdrawal requests, while SHFE data shows growing inventories across major base metals, ING's commodity experts Ewa Manthey and Warren Patterson note.
Copper prices on the LME have settled at a lower level of just over $9,600 per ton, Commerzbank's commodity analyst Barbara Lambrecht notes.
The Copper price remained stable at levels above $9,600 per ton at the start of the week. However, downward pressure remains high, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.