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Cocoa Futures Bearish Momentum With A 3% Slide In The Last 5 Sessions

(VIANEWS) – Cocoa (CC) has been up by 3.84% for the last 5 sessions. At 05:50 EST on Friday, 22 September, Cocoa (CC) is $3,603.00.

Volume

Today’s last reported volume for Cocoa is 1722, 99.98% below its average volume of 12175302.97.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.64%, a positive 0.89%, and a positive 1.88%, respectively.

Cocoa’s highest amplitude of average volatility was 1.98% (last week), 2.15% (last month), and 1.88% (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).

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