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Coffee Futures Is 5% Up In The Last 10 Sessions

(VIANEWS) – Coffee (KC) has been up by 5.15% for the last 10 sessions. At 13:50 EST on Friday, 8 December, Coffee (KC) is $178.70.

Volume

Today’s last reported volume for Coffee is 284, 98.6% below its average volume of 20335.4.

Volatility

Coffee’s last week, last month’s, and last quarter’s current intraday variation average was a negative 6.96%, a negative 4.18%, and a positive 2.48%, respectively.

Coffee’s highest amplitude of average volatility was 6.96% (last week), 4.40% (last month), and 2.48% (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 overbought (>=80).

News about

  • Crude oil forecast: seems to be stuck in the same range – 06 December 2023. According to DailyForex on Wednesday, 6 December, "In the West Texas Intermediate (WTI) Crude Oil market, resilience was a key theme. "
  • Crude oil forecast: break down – 07 December 2023. According to DailyForex on Thursday, 7 December, "This trend is evident in both West Texas Intermediate (WTI) and Brent crude oil markets, reflecting growing concerns about a potential major recession and a consequent reduction in oil demand.WTI Crude Oil Market Trends", "In the WTI Crude Oil market, the downward movement has been particularly pronounced. "

More news about Coffee (KC).

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