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Cocoa Futures Is 21% Up In The Last 21 Sessions

ViaNews Editorial Team

November 16, 2023

Cocoa Futures Is 21% Up In The Last 21 Sessions
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(VIANEWS) - Cocoa (CC) has been up by 21.38% for the last 21 sessions. At 16:50 EST on Thursday, 16 November, Cocoa (CC) is $4,031.00.

Volume

Today's last reported volume for Cocoa is 8126, 99.93% below its average volume of 11671706.81.

Volatility

Cocoa's last week, last month's, and last quarter's current intraday variation average was 0.65%, 0.80%, and 1.56%, respectively.

Cocoa's highest amplitude of average volatility was 1.95% (last week), 1.19% (last month), and 1.56% (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 overbought (>=80).

News about

  • Crude oil forecast: looks a bit erratic - 14 November 2023. According to DailyForex on Tuesday, 14 November, "At the onset of Monday's trading session, the West Texas Intermediate Crude Oil market witnessed a minor retracement. "

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.