(VIANEWS) – Cocoa (CC) has been up by 8.05% for the last 10 sessions. At 05:54 EST on Wednesday, 21 August, Cocoa (CC) is $7,716.00.
Volume
Today’s last reported volume for Cocoa is 1075, 99.98% below its average volume of 9445504.24.
Volatility
Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.29%, a positive 0.82%, and a positive 1.83%, respectively.
Cocoa’s highest amplitude of average volatility was 2.15% (last week), 1.65% (last month), and 1.83% (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
- According to FXStreet on Monday, 19 August, "That said, a softer tone around Crude Oil prices could undermine the commodity-linked Loonie and hold back traders from placing fresh bearish bets ahead of this week’s data/central bank event risk.", "Furthermore, geopolitical developments in the Middle East, which tend to drive Crude Oil prices, should provide some impetus to the USD/CAD pair and determine the next leg of a directional move."
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