Cocoa Futures Over 3% Down In The Last 10 Sessions

(VIANEWS) – Cocoa (CC) has been up by 3.52% for the last 10 sessions. At 11:50 EST on Friday, 6 October, Cocoa (CC) is $3,457.00.

Volume

Today’s last reported volume for Cocoa is 16749, 99.86% below its average volume of 12018090.9.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.23%, a negative 0.53%, and a positive 1.68%, respectively.

Cocoa’s highest amplitude of average volatility was 2.15% (last week), 1.61% (last month), and 1.68% (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 Wednesday, 4 October, "West Texas Intermediary (WTI) Crude Oil trades lower around $88.00 per barrel by the press time."
  • According to FXStreet on Wednesday, 4 October, "The weekly inventory data published by the American Petroleum Institute (API) on Tuesday showed that US Crude Oil stockpiles possibly fell as much as 4.0 million barrels last week. ", "This, along with worries that economic headwinds stemming from rapidly rising borrowing costs could dent fuel demand, might contribute to keeping a lid on any meaningful upside for Crude Oil prices."

More news about Cocoa (CC).

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