Cocoa Futures Bearish By 5% In The Last 10 Sessions

(VIANEWS) – Cocoa (CC) has been up by 5.85% for the last 10 sessions. At 08:52 EST on Thursday, 10 August, Cocoa (CC) is $3,332.00.

Volume

Today’s last reported volume for Cocoa is 11717, 99.9% below its average volume of 12742223.61.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.43%, a positive 0.39%, and a positive 1.78%, respectively.

Cocoa’s highest amplitude of average volatility was 1.47% (last week), 1.19% (last month), and 1.78% (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).

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