(VIANEWS) – Cocoa (CC) has been up by 6.59% for the last 5 sessions. At 05:52 EST on Wednesday, 24 July, Cocoa (CC) is $8,278.00.
Volume
Today’s last reported volume for Cocoa is 241, 99.99% below its average volume of 9641212.25.
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 Monday, 22 July, "This, in turn, is seen lending some support to the USD-denominated commodities, including Crude Oil prices.", "This, along with China’s economic woes, should keep a lid on any meaningful upside for Crude Oil prices."
- According to FXStreet on Monday, 22 July, "Meanwhile, concerns about an economic slowdown in China - the world’s top oil importer - should act as a headwind for Crude Oil prices. ", "This assists Crude Oil prices in reversing a part of Friday’s heavy losses to a one-month low, underpinning the commodity-linked Loonie and contributing to keeping a lid on the USD/CAD pair."
More news about Cocoa (CC).