(VIANEWS) – Cocoa (CC) has been up by 3.74% for the last 10 sessions. At 08:50 EST on Tuesday, 16 May, Cocoa (CC) is $2,996.00.
Volume
Today’s last reported volume for Cocoa is 5741, 99.95% below its average volume of 14029044.83.
Volatility
Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was a negative 7.96%, a negative 5.68%, and a positive 2.99%, respectively.
Cocoa’s highest amplitude of average volatility was 7.96% (last week), 5.75% (last month), and 2.99% (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: continues to see a lot of noise – 15 May 2023. According to DailyForex on Monday, 15 May, "Ultimately, the WTI Crude Oil market witnessed an initial decline but found support around the $70 level, while Brent crude oil also experienced a negative start, breaching the $75 level. "
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