Cocoa Futures Bullish Momentum With A 3% Jump In The Last 5 Sessions

(VIANEWS) – Cocoa (CC) has been up by 3.8% for the last 5 sessions. At 08:50 EST on Wednesday, 19 April, Cocoa (CC) is $2,976.00.

Volume

Today’s last reported volume for Cocoa is 7494, 99.94% below its average volume of 14331607.03.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was a negative 2.47%, a negative 0.50%, and a positive 1.41%, respectively.

Cocoa’s highest amplitude of average volatility was 2.47% (last week), 1.56% (last month), and 1.41% (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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