(VIANEWS) – Coffee (KC) has been up by 10.74% for the last 21 sessions. At 13:50 EST on Friday, 15 December, Coffee (KC) is $189.70.
Volume
Today’s last reported volume for Coffee is 681, 96.65% below its average volume of 20343.07.
Volatility
Coffee’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.84%, a negative 4.31%, and a positive 2.50%, respectively.
Coffee’s highest amplitude of average volatility was 1.84% (last week), 4.52% (last month), and 2.50% (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
- According to FXStreet on Thursday, 14 December, "The Crude oil prices gained ground after the release of the US EIA Crude Oil Stocks Change for the week ending on December 8, along with the Federal Reserve’s (Fed) Interest Rate Decision to hold interest rates at 5.5% as widely expected.", "EIA Crude Oil stockpiles are withdrawn by 4.259 million barrels more than the expected withdrawal of 0.65 million barrels."
- WTI crude oil reclaims $70 as oil markets recover post-fed. According to FXStreet on Wednesday, 13 December, "An extended backslide in Crude Oil sent WTI into the floorboards near $68, driven by overarching energy market concerns that slumping global demand for Crude Oil continues to undercut fierce production cuts from the Organization of the Petroleum Exporting Countries (OPEC).", "Barrel count data from the Energy Information Administration (EIA) revealed an unexpected drawdown in US Crude Oil reserves, showing a 4.259 million decline in US barrel counts for the week ended December 8th. "
More news about Coffee (KC).
