Cocoa Futures Rises By 23% In The Last 21 Sessions

(VIANEWS) – Cocoa (CC) has been up by 23.71% for the last 21 sessions. At 07:50 EST on Tuesday, 5 March, Cocoa (CC) is $6,485.00.

Volume

Today’s last reported volume for Cocoa is 6321, 99.94% below its average volume of 10718351.35.

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

  • WTI crude oil weekly forecast: intriguing bullish signals and highs attained – 03 March 2024. According to DailyForex on Sunday, 3 March, "After reversing lower and challenging the 78.000 value below on Thursday, WTI Crude Oil began to rise again in price. ", "The question for traders this coming week is if the highs displayed before the weekend ensued were a flash of speculatively demand, or a signal a change in the perspective of WTI Crude Oil prices is really developing."

More news about Cocoa (CC).

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