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Coffee Futures Over 8% Down In The Last 21 Sessions

(VIANEWS) – Coffee (KC) has been up by 8.49% for the last 21 sessions. At 08:52 EST on Wednesday, 17 May, Coffee (KC) is $184.35.

Volume

Today’s last reported volume for Coffee is 3832, 80.68% below its average volume of 19835.24.

Volatility

Coffee’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.12%, a negative 1.89%, and a positive 2.21%, respectively.

Coffee’s highest amplitude of average volatility was 1.91% (last week), 2.11% (last month), and 2.21% (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

  • According to FXStreet on Monday, 15 May, "Apart from this, a modest bounce in Crude Oil prices from over a one-week low set earlier this Monday underpins the commodity-linked Loonie. "
  • Crude oil forecast: continues to see a lot of noise – 15 May 2023. According to DailyForex on Monday, 15 May, "Ultimately, the WTI Crude Oil market witnessed an initial decline but found support around the $70 level, while Brent crude oil also experienced a negative start, breaching the $75 level. "

More news about Coffee (KC).

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