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Cocoa Futures Is 2% Down In The Last 5 Sessions

Cocoa Futures Is 2% Down In The Last 5 Sessions
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(VIANEWS) - Cocoa (CC) has been up by 2.82% for the last 5 sessions. At 13:54 EST on Tuesday, 7 March, Cocoa (CC) is $2,720.00.

Volume

Today's last reported volume for Cocoa is 20582, 99.86% below its average volume of 14953209.67.

Volatility

Cocoa's last week, last month's, and last quarter's current intraday variation average was 0.95%, 1.66%, and 1.39%, respectively.

Cocoa's highest amplitude of average volatility was 2.07% (last week), 1.87% (last month), and 1.39% (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

  • According to FXStreet on Monday, 6 March, "That said, a modest pullback in Crude Oil prices - amid worries that a deeper global economic downturn will dent fuel demand - undermines the commodity-linked Loonie and lends some support to the major. "

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.