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Coffee Futures Over 19% Up In The Last 21 Sessions

(VIANEWS) – Coffee (KC) has been up by 19.14% for the last 21 sessions. At 13:54 EST on Wednesday, 20 December, Coffee (KC) is $200.45.

Volume

Today’s last reported volume for Coffee is 1194, 94.19% below its average volume of 20556.87.

Volatility

Coffee’s last week, last month’s, and last quarter’s current intraday variation average was a negative 3.99%, a negative 4.33%, and a positive 2.58%, respectively.

Coffee’s highest amplitude of average volatility was 3.99% (last week), 4.55% (last month), and 2.58% (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 Tuesday, 19 December, "Additionally, the API Weekly Crude Oil Stock and EIA Crude Oil Stocks Change for the week ending on December 15 are scheduled for publication on Tuesday and Wednesday, respectively."
  • According to FXStreet on Monday, 18 December, "The US Crude Oil benchmark, also known as West Texas Intermediate (WTI), has risen more than 2% on geopolitical risks as a militant group linked to Iran continues to attack ships around the Red Sea. ", "Meanwhile, an increase in supply cushioned WTI’s rise on Monday, but Russia and Saudi Arabia, extending Crude Oil production cuts to the first quarter of 2024, are underpinning Oil prices."

More news about Coffee (KC).

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