(VIANEWS) – Cocoa (CC) has been up by 11.19% for the last 10 sessions. At 07:55 EST on Monday, 22 January, Cocoa (CC) is $4,582.00.
Volume
Today’s last reported volume for Cocoa is 4838, 99.95% below its average volume of 11141071.68.
Volatility
Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was 1.81%, 0.49%, and 1.70%, respectively.
Cocoa’s highest amplitude of average volatility was 1.81% (last week), 1.26% (last month), and 1.70% (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 – steady range trading and polite price action – 21 January 2024. According to DailyForex on Sunday, 21 January, "WTI Crude Oil went into the weekend near the 73.350 mark and while it did hit a high for the week on Friday around the 74.600 USD level, the fact that the commodity finished the week showing a selloff tells us a bit about current behavioral sentiment in the energy sector. ", "If Red Sea shipping news remains calm before the Crude Oil markets open, this could allow for a test below the 73.000 realm once again. "
- Crude oil forecast – crude oil continues to attempt to discern directionality – 22 January 2024. According to DailyForex on Monday, 22 January, "Looking specifically at the West Texas Intermediate (WTI) Crude Oil Market, it attempted a modest rally during Friday’s trading session. "
More news about Cocoa (CC).
