(VIANEWS) – Cocoa (CC) has been up by 9.43% for the last 10 sessions. At 05:50 EST on Thursday, 10 October, Cocoa (CC) is $7,345.00.
Volume
Today’s last reported volume for Cocoa is 750, 99.99% below its average volume of 9094659.69.
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 Thursday, 10 October, "The intraday uptick, however, lacks bullish conviction amid recovering Crude Oil prices, which tend to underpin the commodity-linked Loonie, and ahead of the latest US consumer inflation figures.", "This raises worries about supply disruptions from the Middle East, which, along with a spike in fuel demand on the back of a major storm in Florida, assists Crude Oil prices to build on the overnight bounce from a one-week low. "
- Crude oil faces profit-taking after Israel’s response remains muted. According to FXStreet on Tuesday, 8 October, "At the time of writing, Crude Oil (WTI) trades at $75.03 and Brent Crude at $79.05"
More news about Cocoa (CC).
