Cocoa Futures Is 3% Up In The Last 10 Sessions

(VIANEWS) – Cocoa (CC) has been up by 3.72% for the last 10 sessions. At 07:50 EST on Tuesday, 28 February, Cocoa (CC) is $2,762.00.

Volume

Today’s last reported volume for Cocoa is 2237, 99.98% below its average volume of 15148021.85.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was 0.88%, 1.03%, and 1.45%, respectively.

Cocoa’s highest amplitude of average volatility was 0.88% (last week), 1.32% (last month), and 1.45% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Cocoa’s commodity is considered to be overbought (>=80).

News about

  • According to FXStreet on Tuesday, 28 February, "The USD/CAD bulls, meanwhile, seem unaffected by a goodish pickup in Crude Oil prices, which tend to underpin the commodity-linked Loonie. "
  • WTI crude oil forecast: crude oil continues to drift back and forth – 27 February 2023. According to DailyForex on Monday, 27 February, "During Friday’s trading session, the West Texas Intermediate Crude Oil market experienced some volatility, causing it to dip slightly. ", "Like the WTI Crude Oil market, it continues to move within a range and faces the same challenges."

More news about Cocoa (CC).

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