Cocoa Futures Rises By 23% In The Last 21 Sessions

(VIANEWS) – Cocoa (CC) has been up by 23.24% for the last 21 sessions. At 05:54 EST on Friday, 21 June, Cocoa (CC) is $9,019.00.

Volume

Today’s last reported volume for Cocoa is 728, 99.99% below its average volume of 9834850.17.

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 continues to prove resilient – TDS. According to FXStreet on Wednesday, 19 June, "Upside momentum firming and Commodity Trading Advisors (CTAs) in Crude Oil remain on the bid, TDS commodity strategists note."
  • According to FXStreet on Wednesday, 19 June, "Going forward, the next trigger for the Oil price will be Energy Information Administration (EIA) Crude Oil Stocks Change data for the week ending June 14, which will be published on Thursday due to a holiday in US markets on account of Juneteenth."

More news about Cocoa (CC).

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