Cocoa Futures Bullish Momentum With A 3% Rise In The Last 10 Sessions

(VIANEWS) – Cocoa (CC) has been up by 3.7% for the last 10 sessions. At 08:54 EST on Thursday, 18 May, Cocoa (CC) is $3,025.00.


Today’s last reported volume for Cocoa is 6557, 99.95% below its average volume of 13861643.97.


Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was a negative 7.77%, a negative 6.24%, and a positive 3.14%, respectively.

Cocoa’s highest amplitude of average volatility was 7.77% (last week), 6.31% (last month), and 3.14% (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

  • According to FXStreet on Wednesday, 17 May, "Furthermore, the Gold price rebounds from the lowest level in a fortnight whereas prices of Crude Oil and Natural Gas also portray the market’s cautious optimism."

More news about Cocoa (CC).

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