(VIANEWS) – Cocoa (CC) has been up by 24.69% for the last 21 sessions. At 19:52 EST on Monday, 5 February, Cocoa (CC) is $5,242.00.
Volume
Today’s last reported volume for Cocoa is 0, 100% below its average volume of 10931935.87.
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
- WTI crude oil weekly forecast: mid-term support challenged as risks escalate – 04 February 2024. According to DailyForex on Sunday, 4 February, "Having heard of an attack on an oil tanker on Friday the 26th of January, the price of WTI Crude Oil surged higher, and over that weekend a U.", "Traders who are betting on a sudden reversal higher in WTI Crude Oil and dreaming of big profits need to stay realistic. "
- Crude oil forecast: crude falls after NFP jobs number surprises – 05 February 2024. According to DailyForex on Monday, 5 February, "The West Texas Intermediate Crude Oil Market has been particularly affected by this downward trend. "
- According to FXStreet on Monday, 5 February, "West Texas Intermediate (WTI) US Crude Oil prices extend last week’s rejection slide from the 100-day Simple Moving Average (SMA), around the $79.20 area, or the YTD peak, and drift lower for the fourth successive day on Monday. ", "This continues to act as a tailwind for the US Dollar (USD) and turns out to be a key factor undermining demand for dollar-denominated commodities, including Crude Oil prices. "
More news about Cocoa (CC).
