Cocoa Futures Bullish Momentum With A 13% Jump In The Last 21 Sessions

(VIANEWS) – Cocoa (CC) has been up by 13.64% for the last 21 sessions. At 16:50 EST on Friday, 24 November, Cocoa (CC) is $4,115.00.

Volume

Today’s last reported volume for Cocoa is 3269, 99.97% below its average volume of 11599025.01.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.52%, a positive 0.86%, and a positive 1.56%, respectively.

Cocoa’s highest amplitude of average volatility was 2.19% (last week), 1.55% (last month), and 1.56% (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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