(VIANEWS) – Cocoa (CC) has been up by 4.16% for the last 10 sessions. At 05:51 EST on Tuesday, 17 October, Cocoa (CC) is $3,579.00.
Volume
Today’s last reported volume for Cocoa is 971, 99.99% below its average volume of 12049346.78.
Volatility
Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.28%, a negative 0.33%, and a positive 1.63%, respectively.
Cocoa’s highest amplitude of average volatility was 1.00% (last week), 1.33% (last month), and 1.63% (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: sees upward volatility amidst geopolitical concerns – 16 October 2023. According to DailyForex on Monday, 16 October, "In the case of West Texas Intermediate Crude Oil (US Oil), prices surged notably, testing the upper boundary of the recent consolidation range. ", "In summary, the crude oil market experienced a significant rally, with West Texas Intermediate Crude Oil and Brent (UK Oil) both displaying notable price movements. "
- According to FXStreet on Monday, 16 October, "Such developments are seen as a potential tailwind for Crude Oil prices, as concerns over supply disruptions contribute to market uncertainties."
- According to DailyForex on Sunday, 15 October, "The West Texas Intermediate Crude Oil market has initially fallen during the week, only to turn around and show signs of life again. "
More news about Cocoa (CC).
