(VIANEWS) – Cocoa (CC) has been up by 16.29% for the last 21 sessions. At 05:50 EST on Tuesday, 6 August, Cocoa (CC) is $6,602.00.
Volume
Today’s last reported volume for Cocoa is 640, 99.99% below its average volume of 9581666.76.
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 Tuesday, 6 August, "A sustained strength beyond might trigger a short-covering rally and lift Crude Oil prices to the $74.90-$75.00 region. ", "Concerns about an economic downturn in the US and China - the world’s two largest economies - continue to act as a headwind for Crude Oil prices. "
- According to FXStreet on Tuesday, 6 August, "In the absence of any relevant US economic releases on Tuesday, fresh geopolitical developments surrounding the ongoing conflicts in the Middle East will continue to influence Crude Oil prices. ", "Apart from this, subdued US Dollar (USD) price action, amid rising bets for a bigger interest rate cut by the Federal Reserve (Fed), turn out to be key factors acting as a tailwind for Crude Oil prices."
More news about Cocoa (CC).
