(VIANEWS) – Cocoa (CC) has been up by 4.46% for the last 10 sessions. At 14:55 EST on Friday, 19 May, Cocoa (CC) is $3,071.00.
Today’s last reported volume for Cocoa is 31231, 99.77% below its average volume of 13759038.37.
Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was a negative 4.75%, a negative 6.10%, and a positive 3.09%, respectively.
Cocoa’s highest amplitude of average volatility was 4.86% (last week), 6.20% (last month), and 3.09% (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).
- Crude oil forecast: continues to look for momentum – 18 May 2023. According to DailyForex on Thursday, 18 May, "At the end of the day, the WTI Crude Oil market and Brent markets are experiencing indecisiveness and back-and-forth movements. "
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