(VIANEWS) – Coffee (KC) has been up by 6.32% for the last 10 sessions. At 04:53 EST on Wednesday, 24 January, Coffee (KC) is $192.65.
Volume
Today’s last reported volume for Coffee is 751, 96.32% below its average volume of 20450.18.
Volatility
Coffee’s last week, last month’s, and last quarter’s current intraday variation average was 2.68%, 0.10%, and 2.94%, respectively.
Coffee’s highest amplitude of average volatility was 2.68% (last week), 1.92% (last month), and 2.94% (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 circles between key levels amidst market churn, WTI cycles around $74.50. According to FXStreet on Tuesday, 23 January, "Daily candles show Crude Oil stuck on the low side of the 200-day SMA just below the $78.00 handle, and a slight bullish lean to prices see barrel bids getting snagged in a congestion zone between the 50-day and 200-day SMAs as Crude Oil prices drifts into a consolidation pattern, up nearly 10% from December’s swing low into $67.97.", "Despite geopolitical tensions keeping oil barrel prices on the high side, energy markets are having a hard time ignoring that global Crude Oil production threatens to swamp out global demand. "
- Crude oil forecast – crude oil continues to attempt to discern directionality – 22 January 2024. According to DailyForex on Monday, 22 January, "Looking specifically at the West Texas Intermediate (WTI) Crude Oil Market, it attempted a modest rally during Friday’s trading session. "
More news about Coffee (KC).
