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Coffee Futures Over 6% Up In The Last 10 Sessions

ViaNews Editorial Team

January 29, 2024

Coffee Futures Over 6% Up In The Last 10 Sessions

(VIANEWS) - Coffee (KC) has been up by 6.53% for the last 10 sessions. At 04:51 EST on Monday, 29 January, Coffee (KC) is $191.75.

Volume

Today's last reported volume for Coffee is 625, 96.98% below its average volume of 20719.75.

Volatility

Coffee's last week, last month's, and last quarter's current intraday variation average was 0.39%, 0.35%, and 2.96%, respectively.

Coffee's highest amplitude of average volatility was 1.86% (last week), 1.89% (last month), and 2.96% (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 oversold (<=20).

News about

  • WTI crude oil weekly forecast: move higher as risk adds to complicated price - 28 January 2024. According to DailyForex on Sunday, 28 January, "If WTI Crude Oil falls below 78.000 USD this might be a sign that Crude Oil speculators have been able to calm their nerves via potential statements coming from producers and shipping companies operating in the Middle East.", "While the attack on the ship carrying Crude Oil will worry the market, larger players in the commodity will certainly have news that the fire on the vessel was contained. "

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.