(VIANEWS) – Cocoa (CC) has been up by 8.58% for the last 10 sessions. At 05:53 EST on Wednesday, 1 May, Cocoa (CC) is $9,453.00.
Volume
Today’s last reported volume for Cocoa is 1898, 99.98% below its average volume of 10246456.83.
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
- Crude oil slumps on risk aversion, WTI tests $81 per barrel. According to FXStreet on Tuesday, 30 April, "According to API data, US Crude Oil stocks through the week ended April 26th are up 6.514 million barrels for the month of April.", "WTI has fallen back to a familiar supply zone near $81.00 as bullish momentum in US Crude Oil remains limited. "
- According to FXStreet on Tuesday, 30 April, "Apart from this,the API Weekly Crude Oil Stock for the week ending April 26 will be released."
- According to FXStreet on Monday, 29 April, "The hawkish outlook, meanwhile, remains supportive of the underlying bullish tone around the US Dollar (USD) and might continue to weigh on Crude Oil prices.", "This comes after Russia announced more export and production cuts earlier this year, which, along with little signs of de-escalation of tensions in the Middle East, keep supply risks in play and should help limit any meaningful downside for Crude Oil prices."
More news about Cocoa (CC).
