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Coffee Futures Bearish By 5% In The Last 10 Sessions

(VIANEWS) – Coffee (KC) has been up by 5.41% for the last 10 sessions. At 05:52 EST on Tuesday, 22 August, Coffee (KC) is $152.20.

Volume

Today’s last reported volume for Coffee is 1391, 93.16% below its average volume of 20350.01.

Volatility

Coffee’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.96%, a negative 0.28%, and a positive 1.96%, respectively.

Coffee’s highest amplitude of average volatility was 1.21% (last week), 1.57% (last month), and 1.96% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Coffee’s commodity is considered to be oversold (<=20).

News about

  • Crude oil forecast: continues to look for buyers in order to breakout – 21 August 2023. According to DailyForex on Monday, 21 August, "The West Texas Intermediate Crude Oil market embarked on an initial attempt to rally during Friday’s trading session, pushing against the $80 threshold. ", "Like the WTI Crude Oil landscape, Brent’s trajectory is characterized by the presence of the 200-Day EMA and the 50-Day EMA underneath. "
  • According to FXStreet on Tuesday, 22 August, " Moving on, oil traders will keep an eye on the American Petroleum Institute’s (API) Weekly Crude Oil Stock and EIA Crude Oil Stocks Change for the week ending August 18. "

More news about Coffee (KC).

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