(VIANEWS) – Cocoa (CC) has been up by 8.44% for the last 10 sessions. At 05:51 EST on Wednesday, 2 October, Cocoa (CC) is $7,137.00.
Volume
Today’s last reported volume for Cocoa is 699, 99.99% below its average volume of 9175401.23.
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
- Crude oil nosedives, shrugging off Israeli ground incursion into Lebanon. According to FXStreet on Tuesday, 1 October, "At the time of writing, Crude Oil (WTI) trades at $67.44 and Brent Crude at $71.15."
- According to FXStreet on Tuesday, 1 October, "The latter should act as a pivotal point, which if cleared could allow Crude Oil prices to reclaim the $69.00 mark and climb further towardthe $70.00 psychological mark.", "This, along with some follow-through US Dollar (USD) buying, bolstered by the Federal Reserve (Fed) Chair Jerome Powell’s relatively hawkish remarks on Monday, turn out to be key factors weighing on Crude Oil prices."
More news about Cocoa (CC).
