(VIANEWS) – Cocoa (CC) has been up by 7.77% for the last 10 sessions. At 11:55 EST on Wednesday, 15 March, Cocoa (CC) is $2,611.00.
Today’s last reported volume for Cocoa is 21416, 99.85% below its average volume of 14716618.58.
Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.04%, a positive 1.14%, and a positive 1.23%, respectively.
Cocoa’s highest amplitude of average volatility was 0.61% (last week), 1.44% (last month), and 1.23% (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).
- According to FXStreet on Monday, 13 March, "Although a five-week-old support line restricts immediate WTI crude oil downside near $75.00, a daily closing beyond the 50-DMA hurdle surrounding $77.75 becomes necessary for the Crude Oil price to keep the buyers in the driver’s seat."
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