(VIANEWS) – Cocoa (CC) has been up by 22.94% for the last 21 sessions. At 16:50 EST on Wednesday, 29 November, Cocoa (CC) is $4,223.00.
Volume
Today’s last reported volume for Cocoa is 3722, 99.96% below its average volume of 11599036.79.
Volatility
Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was a negative 2.14%, a positive 0.58%, and a positive 1.53%, respectively.
Cocoa’s highest amplitude of average volatility was 2.14% (last week), 1.69% (last month), and 1.53% (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 forecast: looks for support – 27 November 2023. According to DailyForex on Monday, 27 November, "The WTI Crude Oil market initially dipped during the session, touching the $75 level before rebounding, a sign of emerging strength. ", "Exploring Prospects and Challenges in the Crude Oil MarketLong-term charts indicate that we are at the lower end of a larger consolidation area, aligning with the current market behavior."
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