Cocoa Futures Bullish By 8% In The Last 5 Sessions

(VIANEWS) – Cocoa (CC) has been up by 8.21% for the last 5 sessions. At 05:50 EST on Thursday, 12 September, Cocoa (CC) is $7,673.00.

Volume

Today’s last reported volume for Cocoa is 998, 99.98% below its average volume of 9275995.33.

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).

News about

  • Crude oil eases slightly ahead of OPEC monthly report. According to FXStreet on Tuesday, 10 September, "At the time of writing, Crude Oil (WTI) trades at $67.37 and Brent Crude at $70.95"
  • Crude oil bears over 8% loss for September. According to FXStreet on Wednesday, 11 September, "At the time of writing, Crude Oil (WTI) trades at $65.52and Brent Crude at $69.16"

More news about Cocoa (CC).

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