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Coffee Futures Is 11% Down In The Last 21 Sessions

Coffee Futures Is 11% Down In The Last 21 Sessions
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(VIANEWS) - Coffee (KC) has been up by 11.38% for the last 21 sessions. At 05:51 EST on Friday, 7 July, Coffee (KC) is $160.05.

Volume

Today's last reported volume for Coffee is 1080, 94.57% below its average volume of 19907.6.

Volatility

Coffee's last week, last month's, and last quarter's current intraday variation average was a negative 2.25%, a negative 2.62%, and a positive 2.22%, respectively.

Coffee's highest amplitude of average volatility was 2.25% (last week), 2.96% (last month), and 2.22% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Coffee's commodity is considered to be overbought (>=80).

News about

  • Crude oil forecast: oil markets show signs of consolidation - 06 July 2023. According to DailyForex on Thursday, 6 July, "In the WTI Crude Oil market, the $67.50 level is expected to provide a certain degree of support if prices start to decline. ", "However, some market participants see this as an opportunity to initiate short positions, anticipating a reversal.WTI Crude Oil Analysis"
  • According to FXStreet on Friday, 7 July, "That said, EIA Crude Oil Stocks Change improved to -1.508 million barrels (M) for the week ended on June 30 versus -9.603M in previous readings."

More news about Coffee (KC).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.