Cocoa Futures Bullish Momentum With A 11% Jump In The Last 10 Sessions

(VIANEWS) – Cocoa (CC) has been up by 11.4% for the last 10 sessions. At 05:53 EST on Wednesday, 28 August, Cocoa (CC) is $7,759.00.

Volume

Today’s last reported volume for Cocoa is 619, 99.99% below its average volume of 9407307.81.

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).

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