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Cocoa Futures Bullish Momentum With A 2% Rise In The Last 5 Sessions

Cocoa Futures Bullish Momentum With A 2% Rise In The Last 5 Sessions
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(VIANEWS) - Cocoa (CC) has been up by 2.24% for the last 5 sessions. At 08:51 EST on Tuesday, 18 July, Cocoa (CC) is $3,422.00.

Volume

Today's last reported volume for Cocoa is 8046, 99.93% below its average volume of 13137771.57.

Volatility

Cocoa's last week, last month's, and last quarter's current intraday variation average was 0.75%, 1.81%, and 3.06%, respectively.

Cocoa's highest amplitude of average volatility was 1.10% (last week), 1.99% (last month), and 3.06% (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

  • Canadian dollar reverses lower after crude oil’s slippery slide. According to FXStreet on Monday, 17 July, "WTI Crude Oil declined from a peak above $77 a barrel to a low of $73.70 reached on Monday during the Asian session. "

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.