(VIANEWS) – Cocoa (CC) has been up by 23.21% for the last 21 sessions. At 07:50 EST on Thursday, 7 March, Cocoa (CC) is $6,487.00.
Volume
Today’s last reported volume for Cocoa is 4257, 99.96% below its average volume of 10644788.94.
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, 6 March, "The US API Weekly Crude Oil Stock data reported build-in stockpiles of 0.423 million barrels for the week ending on March 1, contrary to market expectations of a decrease to 2.6 million barrels from the previous 8.428 million barrels. ", "Traders will now turn their attention to the US EIA Crude Oil Stocks Change report, scheduled for release on Wednesday, with market expectations leaning towards a reduction in the number of barrels in stock of crude oil and its derivatives."
- Crude oil slips further, WTI tests below $78.00 as OPEC cuts fail to spark rally. According to FXStreet on Tuesday, 5 March, "An unseasonally warm winter saw heating oil demand draw down supplies far less than expected as the northern hemisphere exits the cold months, and energy markets have begun to show signs of fatigue waiting for an uptick in Chinese Crude Oil demand that has yet to materialize. ", "Ongoing chatter of a possible ceasefire in the Gaza conflict is also weighing on Crude Oil bids. "
More news about Cocoa (CC).
