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Coffee Futures Is 5% Up In The Last 10 Sessions

ViaNews Editorial Team

December 8, 2023

Coffee Futures Is 5% Up In The Last 10 Sessions
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(VIANEWS) - Coffee (KC) has been up by 5.15% for the last 10 sessions. At 13:50 EST on Friday, 8 December, Coffee (KC) is $178.70.

Volume

Today's last reported volume for Coffee is 284, 98.6% below its average volume of 20335.4.

Volatility

Coffee's last week, last month's, and last quarter's current intraday variation average was a negative 6.96%, a negative 4.18%, and a positive 2.48%, respectively.

Coffee's highest amplitude of average volatility was 6.96% (last week), 4.40% (last month), and 2.48% (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: seems to be stuck in the same range - 06 December 2023. According to DailyForex on Wednesday, 6 December, "In the West Texas Intermediate (WTI) Crude Oil market, resilience was a key theme. "
  • Crude oil forecast: break down - 07 December 2023. According to DailyForex on Thursday, 7 December, "This trend is evident in both West Texas Intermediate (WTI) and Brent crude oil markets, reflecting growing concerns about a potential major recession and a consequent reduction in oil demand.WTI Crude Oil Market Trends", "In the WTI Crude Oil market, the downward movement has been particularly pronounced. "

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.