Cocoa Futures Went Up By Over 7% In The Last 21 Sessions

(VIANEWS) – Cocoa (CC) has been up by 7.69% for the last 21 sessions. At 07:50 EST on Tuesday, 23 January, Cocoa (CC) is $4,622.00.

Volume

Today’s last reported volume for Cocoa is 10217, 99.9% below its average volume of 11101200.16.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was 1.51%, 0.49%, and 1.70%, respectively.

Cocoa’s highest amplitude of average volatility was 1.51% (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, "Support is also proving rather durable for WTI Crude Oil and price action seems to be focused technically on 73.000 USD.", "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. "

More news about Cocoa (CC).

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