Cocoa Futures Is 13% Down In The Last 21 Sessions

(VIANEWS) – Cocoa (CC) has been up by 13.35% for the last 21 sessions. At 05:54 EST on Thursday, 2 May, Cocoa (CC) is $7,771.00.

Volume

Today’s last reported volume for Cocoa is 2773, 99.97% below its average volume of 10201512.8.

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 Tuesday, 30 April, "Apart from this,the API Weekly Crude Oil Stock for the week ending April 26 will be released."
  • According to FXStreet on Thursday, 2 May, "The Mexican Peso (MXN) trades higher in its key pairs on Thursday as market sentiment gets a lift from a combination of factors, including the US Federal Reserve’s (Fed) decision to maintain an easing bias at its policy meeting on Wednesday, and Crude Oil prices hovering close to seven-week lows.", "Lower Crude Oil prices, with WTI trading in the mid $79s, were a further positive factor for global risk sentiment as they reduce companies’ transportation and energy costs."

More news about Cocoa (CC).

Leave a Reply

Your email address will not be published. Required fields are marked *