(VIANEWS) – Cocoa (CC) has been up by 17.01% for the last 21 sessions. At 05:54 EST on Wednesday, 7 August, Cocoa (CC) is $6,874.00.
Volume
Today’s last reported volume for Cocoa is 905, 99.99% below its average volume of 9542341.73.
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 Tuesday, 6 August, "Concerns about an economic downturn in the US and China - the world’s two largest economies - continue to act as a headwind for Crude Oil prices. ", "A sustained strength beyond might trigger a short-covering rally and lift Crude Oil prices to the $74.90-$75.00 region. "
- According to FXStreet on Tuesday, 6 August, "This is expected to dent fuel demand and drags Crude Oil prices lower for the fourth straight day, which, in turn, is seen undermining demand for the commodity-linked Loonie. ", "Furthermore, the risk of a broader Middle East conflict continues to fuel concerns about supply disruptions from the key Oil producing region and could help limit losses for Crude Oil prices. "
More news about Cocoa (CC).
