(VIANEWS) – Coffee (KC) has been up by 2.77% for the last 5 sessions. At 11:55 EST on Thursday, 8 June, Coffee (KC) is $189.00.
Volume
Today’s last reported volume for Coffee is 17347, 6.98% below its average volume of 18650.35.
Volatility
Coffee’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.54%, a negative 0.97%, and a positive 2.03%, respectively.
Coffee’s highest amplitude of average volatility was 1.40% (last week), 1.62% (last month), and 2.03% (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).
Previous days news about Coffee (KC)
- Time for coffee ETF on el nino-driven shortage?. According to Zacks on Wednesday, 7 June, "iPath Series B Bloomberg Coffee Subindex Total Return ETN (JO Quick QuoteJO – Free Report)", "The underlying Bloomberg Coffee Subindex Total Return reflects the returns that are potentially available through an unleveraged investment in the futures contracts on coffee. "
News about
- Crude oil forecast: continues to see negative pressure despite the OPEC cuts – 07 June 2023. According to DailyForex on Wednesday, 7 June, "The Brent Crude Oil market has also experienced a significant decline, falling well below the gap that formed after the weekend announcement. ", "The West Texas Intermediate (WTI) Crude Oil market experienced further declines during Tuesday’s trading session, erasing the entire gap that formed after OPEC’s announcement of a significant 1 million barrel production cut. "
More news about Coffee (KC).
