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Cocoa Futures Is 10% Up In The Last 21 Sessions

(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).

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