(VIANEWS) – Cocoa (CC) has been up by 7.74% for the last 21 sessions. At 05:51 EST on Wednesday, 14 June, Cocoa (CC) is $3,203.00.
Volume
Today’s last reported volume for Cocoa is 4834, 99.96% below its average volume of 13558897.58.
Volatility
Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.37%, a negative 0.49%, and a positive 2.94%, respectively.
Cocoa’s highest amplitude of average volatility was 1.24% (last week), 1.50% (last month), and 2.94% (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 overbought (>=80).
News about
- Crude oil forecast: continues to see a lot of noisy behavior – 12 June 2023. According to DailyForex on Monday, 12 June, "In contrast, the Brent Crude Oil market exhibited a relatively quiet trading session on Friday. ", "Overall, the WTI Crude Oil market is grappling with uncertainties surrounding demand and supply, while the Brent market faces resistance from the 50-Day EMA. "
- According to FXStreet on Tuesday, 13 June, "Western Texas Intermediate (WTI) Crude Oil prices enter a bearish consolidation phase during the Asian session on Tuesday and oscillate in a narrow band near the lowest level since early May touched the previous day. ", "On the flip side, any attempted recovery might now confront some resistance near the $68.00 round figure, above which a bout of a short-covering has the potential to lift Crude Oil prices to the $68.50-$68.55 resistance zone. "
More news about Cocoa (CC).
