Cocoa Futures Rises By 32% In The Last 21 Sessions

(VIANEWS) – Cocoa (CC) has been up by 32.84% for the last 21 sessions. At 08:51 EST on Thursday, 14 March, Cocoa (CC) is $7,430.00.

Volume

Today’s last reported volume for Cocoa is 8253, 99.92% below its average volume of 10584284.03.

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

  • According to FXStreet on Wednesday, 13 March, "West Texas Intermediate (WTI) US Crude Oil prices come under some selling pressure and remain depressed through the first half of the European session on Wednesday. ", "Market participants now look to the official US inventory data due later this Wednesday, which, along with the USD price dynamics, should provide some impetus to Crude Oil prices."
  • According to FXStreet on Wednesday, 13 March, "Moreover, API Weekly Crude Oil Stock surprisingly fell in the week ending on March 8, with a decline of 5.521 million barrels, compared to an expected increase of 0.4 million barrels and the previous 0.423 million barrels. "

More news about Cocoa (CC).

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