Cocoa Futures Bearish By 34% In The Last 21 Sessions

(VIANEWS) – Cocoa (CC) has been up by 34.66% for the last 21 sessions. At 05:50 EST on Tuesday, 21 May, Cocoa (CC) is $7,141.00.

Volume

Today’s last reported volume for Cocoa is 998, 99.99% below its average volume of 10123826.88.

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

  • Crude oil roils on Monday, WTI finds then loses $80. According to FXStreet on Monday, 20 May, "Crude Oil traders will be keeping an eye out for this week’s Crude Oil stocks updates to gauge just how far a supply overhang could be looming.", "Upside pressure is cooking in the background of global Crude Oil markets after a helicopter carrying Iranian President Ebrahim Raisi and Iranian Foreign Minister Hossein Amir-Abdollahian crashed over the weekend. "

More news about Cocoa (CC).

Leave a Reply

Your email address will not be published. Required fields are marked *