(VIANEWS) – Cocoa (CC) has been up by 8.41% for the last 21 sessions. At 05:50 EST on Wednesday, 13 September, Cocoa (CC) is $3,672.00.
Today’s last reported volume for Cocoa is 3257, 99.97% below its average volume of 12386022.71.
Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was 1.60%, 2.37%, and 1.81%, respectively.
Cocoa’s highest amplitude of average volatility was 1.60% (last week), 2.37% (last month), and 1.81% (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).
- According to FXStreet on Monday, 11 September, "The subsequent downfall might then drag WTI Crude Oil prices below the $85.00 psychological mark, towards last week’s swing low, around the $84.60-$84.55 region.", "WTI Crude Oil prices might then accelerate the momentum towards the $88.00 round figure en route to the $88.60 intermediate hurdle, the $89.00 mark and the next relevant barrier near the $89.30-$89.35 zone."
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