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Cocoa Futures Is 3% Up In The Last 10 Sessions

Cocoa Futures Is 3% Up In The Last 10 Sessions
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(VIANEWS) - Cocoa (CC) has been up by 3.62% for the last 10 sessions. At 14:50 EST on Sunday, 2 April, Cocoa (CC) is $2,893.00.

Volume

Today's last reported volume for Cocoa is 24614, 99.83% below its average volume of 14716981.6.

Volatility

Cocoa's last week, last month's, and last quarter's current intraday variation average was 0.07%, 0.58%, and 1.27%, respectively.

Cocoa's highest amplitude of average volatility was 0.56% (last week), 1.19% (last month), and 1.27% (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 Friday, 31 March, "Apart from this, the recent uptrend in Crude Oil prices, to a nearly three-week high, lends some support to the commodity-linked Loonie and contributes to capping gains for the major."
  • Crude oil forecast: markets are approaching the 50-day EMA - 31 March 2023. According to DailyForex on Friday, 31 March, "The West Texas Intermediate Crude Oil market has been slightly positive during the trading session on Thursday, but still looks as if it has a bit of negativity attached to it. "

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.