Cocoa Futures Bearish By 2% In The Last 5 Sessions

(VIANEWS) – Cocoa (CC) has been up by 2.36% for the last 5 sessions. At 10:54 EST on Friday, 10 March, Cocoa (CC) is $2,695.00.

Volume

Today’s last reported volume for Cocoa is 16601, 99.88% below its average volume of 14509509.73.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was 0.95%, 1.66%, and 1.39%, respectively.

Cocoa’s highest amplitude of average volatility was 2.07% (last week), 1.87% (last month), and 1.39% (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 Wednesday, 8 March, "The emergence of fresh selling around Crude Oil prices undermines the commodity-linked Loonie, which, along with sustained US Dollar buying, continues to act as a tailwind for the USD/CAD pair. "
  • According to FXStreet on Wednesday, 8 March, "It should be noted that the slump in the Oil price ignored a surprise draw in the Weekly Crude Oil Stock details from the American Petroleum Institute (API), an industry source. "

More news about Cocoa (CC).

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