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Cocoa Futures Over 25% Down In The Last 21 Sessions

(VIANEWS) – Cocoa (CC) has been up by 25.13% for the last 21 sessions. At 05:51 EST on Thursday, 16 May, Cocoa (CC) is $7,742.00.

Volume

Today’s last reported volume for Cocoa is 1298, 99.98% below its average volume of 10101811.86.

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, 15 May, "For the week ending May 10, the API Weekly Crude Oil Stock dropped 3.104 million barrels, significantly exceeding the forecasted 1.35 million-barrel decline. "
  • According to FXStreet on Tuesday, 14 May, "Additionally, attention will be on the API Weekly Crude Oil Stock report, which will provide comprehensive data on total US and regional refinery operations and the production of major petroleum products."

More news about Cocoa (CC).

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