(VIANEWS) – Cocoa (CC) has been up by 3.23% for the last 5 sessions. At 05:52 EST on Monday, 13 March, Cocoa (CC) is $2,698.00.
Today’s last reported volume for Cocoa is 26341, 99.82% below its average volume of 15050188.27.
Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was 0.95%, 1.66%, and 1.39%, respectively.
Cocoa’s highest amplitude of average volatility was 2.07% (last week), 1.87% (last month), and 1.39% (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 overbought (>=80).
- According to FXStreet on Monday, 13 March, "Although a five-week-old support line restricts immediate WTI crude oil downside near $75.00, a daily closing beyond the 50-DMA hurdle surrounding $77.75 becomes necessary for the Crude Oil price to keep the buyers in the driver’s seat."
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