Cocoa Futures Bullish Momentum With A 4% Rise In The Last 10 Sessions

(VIANEWS) – Cocoa (CC) has been up by 4.53% for the last 10 sessions. At 05:53 EST on Thursday, 31 August, Cocoa (CC) is $3,649.00.

Volume

Today’s last reported volume for Cocoa is 2638, 99.97% below its average volume of 12485801.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was 3.15%, 1.53%, and 1.72%, respectively.

Cocoa’s highest amplitude of average volatility was 3.15% (last week), 2.13% (last month), and 1.72% (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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