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Cocoa Futures Bearish Momentum With A 10% Fall In The Last 21 Sessions

ViaNews Editorial Team

August 15, 2024

Cocoa Futures Bearish Momentum With A 10% Fall In The Last 21 Sessions
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(VIANEWS) - Cocoa (CC) has been up by 10.04% for the last 21 sessions. At 05:50 EST on Thursday, 15 August, Cocoa (CC) is $6,986.00.

Volume

Today's last reported volume for Cocoa is 207, 99.99% below its average volume of 9455078.05.

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 Wednesday, 14 August, "At the time of writing, Crude Oil (WTI) trades at $76.77and Brent Crude at $80.15."
  • According to FXStreet on Tuesday, 13 August, "At the time of writing, Crude Oil (WTI) trades at $77.56and Brent Crude at $80.79"

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.