Cocoa Futures Went Up By Over 4% In The Last 10 Sessions

(VIANEWS) – Cocoa (CC) has been up by 4.41% for the last 10 sessions. At 11:51 EST on Monday, 22 July, Cocoa (CC) is $8,235.00.

Volume

Today’s last reported volume for Cocoa is 8408, 99.91% below its average volume of 9701560.17.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.29%, a positive 0.82%, and a positive 1.83%, respectively.

Cocoa’s highest amplitude of average volatility was 2.15% (last week), 1.65% (last month), and 1.83% (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 oversold (<=20).

News about

  • According to FXStreet on Monday, 22 July, "Market participants this week will also confront the release of flash PMIs, which should provide fresh insight into the health of the global economy and influence Crude Oil prices. ", "Meanwhile, concerns about an economic slowdown in China - the world’s top oil importer - should act as a headwind for Crude Oil prices. "
  • According to FXStreet on Monday, 22 July, "This, in turn, is seen lending some support to the USD-denominated commodities, including Crude Oil prices.", "This, along with China’s economic woes, should keep a lid on any meaningful upside for Crude Oil prices."

More news about Cocoa (CC).

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