(VIANEWS) – Cocoa (CC) has been up by 3.02% for the last 5 sessions. At 13:57 EST on Monday, 13 February, Cocoa (CC) is $2,663.00.
Volume
Today’s last reported volume for Cocoa is 37302, 99.75% below its average volume of 15347812.11.
Volatility
Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.50%, a positive 0.34%, and a positive 1.52%, respectively.
Cocoa’s highest amplitude of average volatility was 0.50% (last week), 1.27% (last month), and 1.52% (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
- WTI crude oil forecast: range between $75 and $82.50 likely to hold for now, shorts possible near $80 – 13 February 2023. According to DailyForex on Monday, 13 February, "On the other hand, if we do turn around and breakout above the $82.50 level, then it’s possible that the West Texas Intermediate Crude Oil market is looking to the 200-Day EMA. "
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