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

(VIANEWS) – Cocoa (CC) has been up by 2.24% for the last 5 sessions. At 08:51 EST on Tuesday, 18 July, Cocoa (CC) is $3,422.00.

Volume

Today’s last reported volume for Cocoa is 8046, 99.93% below its average volume of 13137771.57.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was 0.75%, 1.81%, and 3.06%, respectively.

Cocoa’s highest amplitude of average volatility was 1.10% (last week), 1.99% (last month), and 3.06% (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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