Cocoa Futures Bullish Momentum With A 14% Rise In The Last 21 Sessions

(VIANEWS) – Cocoa (CC) has been up by 14.8% for the last 21 sessions. At 16:50 EST on Tuesday, 21 November, Cocoa (CC) is $4,087.00.

Volume

Today’s last reported volume for Cocoa is 9503, 99.91% below its average volume of 11686422.86.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was 2.36%, 1.06%, and 1.58%, respectively.

Cocoa’s highest amplitude of average volatility was 2.36% (last week), 1.44% (last month), and 1.58% (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).

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