Cocoa Futures Bullish Momentum With A 2% Jump In The Last 5 Sessions

(VIANEWS) – Cocoa (CC) has been up by 2.42% for the last 5 sessions. At 08:50 EST on Tuesday, 9 May, Cocoa (CC) is $2,958.00.

Volume

Today’s last reported volume for Cocoa is 6563, 99.95% below its average volume of 14114156.8.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was a negative 5.44%, a negative 4.56%, and a positive 2.62%, respectively.

Cocoa’s highest amplitude of average volatility was 5.44% (last week), 4.64% (last month), and 2.62% (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).

More news about Cocoa (CC).

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