(VIANEWS) – Coffee (KC) has been up by 9.55% for the last 21 sessions. At 05:59 EST on Friday, 30 June, Coffee (KC) is $161.55.
Volume
Today’s last reported volume for Coffee is 1384, 93% below its average volume of 19775.01.
Volatility
Coffee’s last week, last month’s, and last quarter’s current intraday variation average was a negative 2.74%, a negative 1.78%, and a positive 2.17%, respectively.
Coffee’s highest amplitude of average volatility was 2.74% (last week), 2.60% (last month), and 2.17% (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
- WTI price analysis: WTI jumps after crude oil stocks data from the US. According to FXStreet on Wednesday, 28 June, "This surge was triggered by the EIA Crude Oil Stocks data release, which reported a significant drop in inventories that surpassed market expectations. ", "According to the US Energy Information Administration (EIA), the Crude Oil stockpiles dropped by 9.603M in the week ending in June 23 vs the expected 1.757M drop. "
- WTI crude oil forecast: traders using range-bound strategies as market consolidates – 28 June 2023. According to DailyForex on Wednesday, 28 June, "Brent Crude is subject to many of the same influences as the WTI Crude Oil market. ", "WTI Crude Oil is projected to be between $65 and $75, while Brent Crude’s range is expected to fluctuate between approximately $70 and $80. "
More news about Coffee (KC).
