Cocoa Futures Bearish Momentum With A 2% Slide In The Last 5 Sessions

(VIANEWS) – Cocoa (CC) has been up by 2.29% for the last 5 sessions. At 05:51 EST on Thursday, 24 August, Cocoa (CC) is $3,411.00.

Volume

Today’s last reported volume for Cocoa is 4598, 99.96% below its average volume of 12604103.05.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was 1.80%, 1.01%, and 1.54%, respectively.

Cocoa’s highest amplitude of average volatility was 1.80% (last week), 1.65% (last month), and 1.54% (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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