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

(VIANEWS) – Cocoa (CC) has been up by 2.31% for the last 5 sessions. At 22:51 EST on Wednesday, 8 March, Cocoa (CC) is $2,705.00.

Volume

Today’s last reported volume for Cocoa is 0, 100% below its average volume of 14739735.1.

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).

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