(VIANEWS) – Cocoa (CC) has been up by 11.61% for the last 21 sessions. At 02:53 EST on Friday, 5 July, Cocoa (CC) is $7,803.00.
Volume
Today’s last reported volume for Cocoa is 10409, 99.89% below its average volume of 9742164.5.
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 rallies after sharp drawdown in EIA supplies, WTI reclaims $83. According to FXStreet on Wednesday, 3 July, "After a bullish breakout from a rough near-term consolidation phase, WTI is leaning steeper into a bull run, but momentum remains thin and could see Crude Oil backslide into the 200-day EMA rising above the $74.00 handle.", "West Texas Intermediate (WTI) US Crude Oil bounced into the high end on Wednesday, climbing back towards $83.50 per barrel after an early dip back to $82.00. "
- According to FXStreet on Wednesday, 3 July, "That said, concerns over a slowdown in global economic growth might hold back bulls from placing fresh bets and cap the upside for Crude Oil prices.", "Moreover, oscillators on the daily chart are holding in positive territory and are still away from being in the overbought zone, suggesting that the path of least resistance for Crude Oil prices is to the upside."
More news about Cocoa (CC).
