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Cocoa Futures Is 10% Up In The Last 21 Sessions

ViaNews Editorial Team

December 1, 2023

Cocoa Futures Is 10% Up In The Last 21 Sessions
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(VIANEWS) - Cocoa (CC) has been up by 10.85% for the last 21 sessions. At 16:50 EST on Friday, 1 December, Cocoa (CC) is $4,241.00.

Volume

Today's last reported volume for Cocoa is 5414, 99.95% below its average volume of 11512908.37.

Volatility

Cocoa's last week, last month's, and last quarter's current intraday variation average was a negative 1.74%, a positive 0.47%, and a positive 1.54%, respectively.

Cocoa's highest amplitude of average volatility was 1.74% (last week), 1.89% (last month), and 1.54% (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 Wednesday, 29 November, "The US Crude Oil benchmark, also known as West Texas Intermediate (WTI), advances more than 1% on Wednesday as attention turned to a delayed OPEC+ meeting. ", "Oil is trading positively even though the US weekly inventory report showed increased Crude Oil inventories. "
  • Crude oil forecast: continues to look to OPEC - 30 November 2023. According to DailyForex on Thursday, 30 November, "As WTI Crude Oil embarked on a modest rally during Wednesday's trading session, it became apparent that the market was engaged in a bit of a dance, trading within a consolidation phase after a substantial sell-off. "

More news about Cocoa (CC).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.