Cocoa Futures Over 8% Up In The Last 10 Sessions

(VIANEWS) – Cocoa (CC) has been up by 8.02% for the last 10 sessions. At 07:52 EST on Wednesday, 22 February, Cocoa (CC) is $2,789.00.

Volume

Today’s last reported volume for Cocoa is 3264, 99.97% below its average volume of 15424654.44.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.22%, a negative 0.05%, and a positive 1.36%, respectively.

Cocoa’s highest amplitude of average volatility was 0.61% (last week), 0.67% (last month), and 1.36% (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 Tuesday, 21 February, "Against the backdrop of weaker Crude Oil prices, softer Canadian consumer inflation figures weigh on the commodity-linked Loonie and provide a modest lift to the USD/CAD pair."
  • WTI crude oil forecast: choppy behavior in thin volume – 21 February 2023. According to DailyForex on Tuesday, 21 February, "During Monday’s trading session, the West Texas Intermediate Crude Oil market rallied a bit, but we saw a lot of noisy and choppy behavior in thin volume, due to the Presidents’ Day holiday. ", "In summary, during Monday’s trading session, the West Texas Intermediate Crude Oil market rallied a bit, but we saw a lot of noisy and choppy behavior in thin volume. "

More news about Cocoa (CC).

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