(VIANEWS) – Cocoa (CC) has been up by 28.36% for the last 21 sessions. At 07:53 EST on Thursday, 8 February, Cocoa (CC) is $5,390.00.
Volume
Today’s last reported volume for Cocoa is 19214, 99.82% below its average volume of 10805068.03.
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).
Previous days news about Cocoa (CC)
- Cocoa analysis: record highs and volatility flavors in the commodity – 07 February 2024. According to DailyForex on Wednesday, 7 February, "Poor growing conditions due to dry conditions which the El Nino weather conditions are still creating worries among buyers and causing price frenzy as fears of Cocoa shortages are stirred.", "The question is when the trend higher will begin to erode, but if weather concerns continue and supply is truly short, Cocoa may continue to propel stronger buying."
More news about Cocoa (CC).
