(VIANEWS) – Cocoa (CC) has been up by 24.54% for the last 21 sessions. At 16:51 EST on Monday, 6 November, Cocoa (CC) is $3,913.00.
Volume
Today’s last reported volume for Cocoa is 3665, 99.96% below its average volume of 11880170.29.
Volatility
Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was 1.09%, 0.75%, and 1.63%, respectively.
Cocoa’s highest amplitude of average volatility was 1.17% (last week), 1.12% (last month), and 1.63% (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 DailyForex on Sunday, 5 November, "The West Texas Intermediate Crude Oil market continues to move on the latest headlines coming out of Gaza, and of course the idea of whether or not the economy will support higher prices. "
- WTI crude oil: weekly forecast 5th November – 11th November – 05 November 2023. According to DailyForex on Sunday, 5 November, "If WTI Crude Oil begins to challenge the 80.000 USD level early this week it could be a sign the energy could slump lower, this while commodity companies search for equilibrium. ", "However, the trend lower the past month when September’s highs are considered is troubling for speculative bulls.WTI Crude Oil Weekly Outlook:"
- According to FXStreet on Monday, 6 November, "Furthermore, top exporters Saudi Arabia and Russia said they would stick to extra voluntary oil output cuts until the end of the year, which, in turn, acts as a tailwind for WTI Crude Oil prices.", "This, along with developments surrounding the Israel-Hamas conflict and the USD price dynamics, should contribute to producing some meaningful trading opportunities around Crude Oil prices."
More news about Cocoa (CC).
