(VIANEWS) – Cocoa (CC) has been up by 11.15% for the last 21 sessions. At 07:50 EST on Thursday, 25 January, Cocoa (CC) is $4,775.00.
Volume
Today’s last reported volume for Cocoa is 7552, 99.93% below its average volume of 11022377.49.
Volatility
Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was 1.85%, 0.56%, and 1.72%, respectively.
Cocoa’s highest amplitude of average volatility was 1.85% (last week), 1.25% (last month), and 1.72% (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 circles between key levels amidst market churn, WTI cycles around $74.50. According to FXStreet on Tuesday, 23 January, "Crude Oil markets roiled once again on Tuesday, sending West Texas Intermediate (WTI) US Crude Oil prices for a lap around familiar price levels between $75.00 and $73.50.", "US production of Crude Oil tipped into record highs in the tail-end of 2023, and according to the Energy Information Administration (EIA) on Tuesday, Texas’ Crude Oil output is getting aided by an overall increase in the density of its Crude Oil, meaning Texas is pumping oil out of the ground with a higher specific gravity than normal, meaning it can be converted into more light sweet crude than lighter-gravity oils from other pumping locations."
More news about Cocoa (CC).
