(VIANEWS) – Cocoa (CC) has been up by 4.78% for the last 10 sessions. At 05:52 EST on Friday, 9 June, Cocoa (CC) is $3,155.00.
Volume
Today’s last reported volume for Cocoa is 1584, 99.98% below its average volume of 13383170.49.
Volatility
Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.75%, a negative 1.80%, and a positive 2.94%, respectively.
Cocoa’s highest amplitude of average volatility was 0.99% (last week), 2.57% (last month), and 2.94% (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
- Crude oil forecast: continues to see negative pressure despite the OPEC cuts – 07 June 2023. According to DailyForex on Wednesday, 7 June, "At the end of the day, both the WTI Crude Oil and Brent markets witnessed significant declines, with Brent falling well below the gap formed after the production cut announcement. ", "The Brent Crude Oil market has also experienced a significant decline, falling well below the gap that formed after the weekend announcement. "
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