Cocoa Futures Is 7% Up In The Last 10 Sessions

(VIANEWS) – Cocoa (CC) has been up by 7.64% for the last 10 sessions. At 22:51 EST on Thursday, 23 February, Cocoa (CC) is $2,775.00.

Volume

Today’s last reported volume for Cocoa is 0, 100% below its average volume of 15123403.07.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was 0.83%, 0.93%, and 1.49%, respectively.

Cocoa’s highest amplitude of average volatility was 0.83% (last week), 1.25% (last month), and 1.49% (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).

News about

  • According to FXStreet on Wednesday, 22 February, "Apart from this, bearish Crude Oil prices undermine the commodity-linked Loonie and act as a tailwind for the USD/CAD pair. "
  • According to FXStreet on Wednesday, 22 February, "Adding to this, bearish Crude Oil prices – amid worries that rapidly rising borrowing costs will dampen economic growth and dent fuel demand – further weighs on the commodity-linked Loonie."

More news about Cocoa (CC).

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