Futures·COMEX
Copper Futures (HG1)
- 52-week range
- $4.87 $6.86
The short version
Where HG1 stands today, in four lines, and what CleaRank Financial AI makes of it.
HG1 at a glance
Copper Futures (HG1): Buy, 64/100 on CleaRank's AI score.
- Trend Mixed: the price is above its 200-day but below its 50-day moving average ($6.33 and $6.58).
- Volatility Daily moves average 0.98% (30-day standard deviation).
Figures as of October 17, 2026.
CleaRank Financial AI
CleaRank rates Copper Futures (HG1) Buy with a model score of 64/100.
Trend adds the most to that score: the price is 3.17% above its 200-day average, and the 50-day average is 3.91% above the 200-day. Momentum is the largest drag, because the MACD line is negative. The 50-day average is $6.5802 and the 200-day is $6.3325. Across the past year, the price has risen 31.89%.
Only on CleaRank
Figures we compute ourselves from HG1's own price history. Tap one to see it in context.
Price and trading
The chart, today's range and how far the price has moved over each period.
Trend checks
3/4Price above its 50-day average ›
The price of $6.53 is 0.7% below the 50-day simple moving average of $6.58.Price above its 200-day average ›
The price is 3.2% above the 200-day simple moving average of $6.33.50-day average above the 200-day ›
The 50-day average ($6.58) is 3.9% above the 200-day average ($6.33), the arrangement of a rising longer-term trend.In the upper half of its 52-week range ›
The price sits at 84% of its 52-week range, between $4.87 and $6.86.
HG1 share price
Pick a period: each tab shows how far HG1 has moved over it, to the last close.
Today's trading
Where HG1 sits inside today's range and its 52-week range.
Key levels
The figures the trade plan is built on.
Key levels
The averages and the year's range that HG1's trade plan is built on.
Short-term trend: HG1 is below its 50-day average of $6.5802.
Long-term trend: It is above its 200-day average of $6.3325.
52-week range: $4.8678 to $6.8617; the price sits 84% of the way up.
What the numbers say
CleaRank Financial AI's reading of HG1's drivers and risks.
HG1 climbed 31.89% over the past year, with its price moving between $4.8678 and $6.8617.
Its average daily move is 0.98%, measured as the 30-day standard deviation of daily returns. As a traded commodity contract, HG1 responds to shifts in supply, industrial and investment demand, and the US dollar.
On a typical day the price of HG1 shifts by 0.98%, the 30-day standard deviation of its daily returns.
AI analysis and technicals
CleaRank's score and reasoning, the indicators behind it, and what the price moves with.
Momentum checks
1/3RSI not overbought or oversold ›
The 14-day RSI is 45.3, in neutral territory.RSI above 50 ›
An RSI of 45.3 is below the 50 midpoint, so sellers have had the upper hand over the last 14 days.MACD line above zero ›
The MACD line is negative, so the 12-day average is below the 26-day average.
CleaRank AI analysis of HG1
The score, the reasoning behind it, and what could move the price next.
Copper Futures (HG1) is giving a mixed trend reading. The price of $6.5335 is 0.71% below its 50-day average of $6.5802, yet it is 3.17% above its 200-day average of $6.3325. Near the top of its 52-week range, the price is 4.78% below the high of $6.8617 and 34.22% above the low of $4.8678. The 50-day average is 3.91% above the 200-day, but the price has dropped beneath the shorter average.
Recent weakness sits within a firmer multi-period picture. Over the past month the price slipped 0.13%, while over the past three months it gained 5.01% and over the past year it climbed 31.89%. Momentum is quieter: the 14-day RSI of 45.3 sits in the neutral zone, and the MACD line is negative.
- Two levels deserve attention: the 50-day SMA, at $6.5802 and above the price, and the 200-day SMA, at $6.3325 and below it.
- The 14-day RSI reads 45.3, in the neutral zone, with the MACD line negative; readings above 70 or below 30 mark stretched momentum.
The trend is mixed: HG1 is above its 200-day average at $6.3325 but below its 50-day average at $6.5802. A close above the 50-day would turn both signals up, and a close below the 200-day would turn both down. The nearest levels are the 200-day SMA at $6.3325 below and the 50-day SMA at $6.5802 above.
The 14-day RSI of 45.3 is in the neutral band, between 40 and 60.
Technical indicators
Momentum and trend for HG1, from its daily closes.
As of October 17, 2026, with HG1 at $6.53, its 14-day RSI is 45.3 (neutral territory), its 50-day simple moving average is $6.58 and its 200-day is $6.33.
Calculated by CleaRank on daily closes as of October 17, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).
What HG1 moves with
Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.
As of October 17, 2026, HG1's 1-year correlation of daily returns is +0.45 with S&P 500 (SPY), +0.43 with Nasdaq 100 (QQQ), +0.23 with Bitcoin (BTC) and +0.42 with gold (XAU).
A trade plan, if you want one
Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.
HG1 trade plan
Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.
Long entry pick an entry style
Risk management
Profit targets (Based on Conservative Entry)
With leverage, losses on HG1 can exceed the deposit, and news can gap the price through these levels. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Risk profile
How much HG1 tends to move, against the market and on its own.
The long record
HG1's worst falls and recoveries, what $10,000 became, and which months have been kind to it.
Track record checks
1/2Average daily move under 2% ›
The price has moved 0.98% on an average day (30-day standard deviation of daily returns).Beat the S&P 500 since the chart begins ›
$10,000 invested in October 2016 is now worth $6,000.25, against $35,938 in the S&P 500 (SPY).
Growth of $10,000
What $10,000 put into HG1 in October 2016 is worth now, against the same amount in the S&P 500.
Against the market: HG1 trailed the S&P 500 over this period: $6,000.25 against $35,938.
A $10,000 investment in HG1 in October 2016 would be worth about $6,000 today, compared with about $35,938 for the same investment in the S&P 500 benchmark.
Seasonal patterns
Which calendar months have been kind to HG1, and which have not.
Strongest month, January: an average of +1.56%, up in 6 of 10 years.
Weakest month, March: an average of -2.38%, up in 5 of 10 years.
This month, October: has averaged -0.94%, up in 3 of 9 years. Past seasonality does not repeat on schedule.
Over the last 10 years, HG1's strongest calendar month has been January (average +1.56%, up in 6 of 10 years) and its weakest March (average -2.38%, up in 5 of 10 years).
Average return for each calendar month over the last 10 years, from weekly closing prices.
Long-term scenarios
Thousands of simulated paths from the price history. A range of outcomes, not a forecast.
Monte Carlo projection
Thousands of simulated paths for $10,000 in HG1, from its own past volatility. The shaded area holds 80% of them.
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in HG1 today could grow to about $10,000 by 2036 in the base case, with a 90th-percentile outcome near $28,210 and a 10th-percentile outcome around $3,545. Projections are statistical simulations, not guarantees.
HG1 2030 Scenarios (Monte Carlo)
The same simulation in share prices, year by year.
CleaRank's simulation projects a price near $6.53 for HG1 by 2030 in the base case, from $6.53 today (1.0x over 4 years). The 10th-percentile path ends near $3.39. These are outcomes of a Monte Carlo simulation run on HG1's historical return distribution, not price targets.
| Year | 10th percentile | Base case | 90th percentile | range base today |
|---|---|---|---|---|
| 2027 | $4.71 | $6.53 | $9.07 | |
| 2028 | $4.11 | $6.53 | $10.39 | |
| 2029 | $3.70 | $6.53 | $11.53 | |
| 2030 | $3.39 | $6.53 | $12.59 | |
| 2031 | $3.14 | $6.53 | $13.60 |
Method: a lognormal simulation of HG1's own volatility with no trend assumed, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles.
Questions people ask
Answered from the figures on this page, as of October 17, 2026.