Cocoa Futures Bearish By 16% In The Last 21 Sessions

(VIANEWS) – Cocoa (CC) has been up by 16.9% for the last 21 sessions. At 05:52 EST on Friday, 9 August, Cocoa (CC) is $7,092.00.

Volume

Today’s last reported volume for Cocoa is 880, 99.99% below its average volume of 9464673.92.

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).

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