(VIANEWS) – Cocoa (CC) has been up by 3.23% for the last 5 sessions. At 19:52 EST on Saturday, 11 March, Cocoa (CC) is $2,698.00.
Volume
Today’s last reported volume for Cocoa is 26341, 99.82% below its average volume of 15050188.27.
Volatility
Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was 0.95%, 1.66%, and 1.39%, respectively.
Cocoa’s highest amplitude of average volatility was 2.07% (last week), 1.87% (last month), and 1.39% (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
- Crude oil forecast: still looks somewhat lost – 10 March 2023. According to DailyForex on Friday, 10 March, "The WTI Crude Oil market experienced a bit of a rally during Thursday’s trading session but remains stuck in a range due to a lot of back-and-forth noisy behavior. ", "Until the market breaks out of its current range, traders should assume that it will continue to move back and forth between the $72.50 and $82.50 levels for the WTI Crude Oil market and the $77.50 and $89 levels for the Brent market. "
- According to FXStreet on Friday, 10 March, "The selling pressure around Crude Oil prices remains unabated for the fourth straight day, which undermines the commodity-linked Loonie and acts as a tailwind for the USD/CAD pair. "
More news about Cocoa (CC).
