Cocoa Futures Went Up By Over 13% In The Last 21 Sessions

(VIANEWS) – Cocoa (CC) has been up by 13.07% for the last 21 sessions. At 07:50 EST on Wednesday, 31 January, Cocoa (CC) is $4,846.00.

Volume

Today’s last reported volume for Cocoa is 4867, 99.95% below its average volume of 10996387.29.

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 Zacks on Monday, 29 January, "ProShares K-1 Free Crude Oil Strategy ETF (OILK Quick QuoteOILK – Free Report) - Up 6.8% this year"
  • According to FXStreet on Tuesday, 30 January, "A direct US confrontation with Iran, which exported around 1.2-1.6 million barrels per day or 1-1.5% of Crude Oil through most of 2023, will adversely impact global supply. ", "Adding to this, an attack on an oil tanker in the Red Sea over the weekend has raised the risks of supply disruptions in the region and might continue to lend some support to Crude Oil prices. "

More news about Cocoa (CC).

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