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MarketCommodities

Coffee Futures Bearish By 10% In The Last 21 Sessions

ViaNews Editorial Team

January 19, 2024

Coffee Futures Bearish By 10% In The Last 21 Sessions

(VIANEWS) - Coffee (KC) has been up by 10.3% for the last 21 sessions. At 04:50 EST on Friday, 19 January, Coffee (KC) is $182.05.

Volume

Today's last reported volume for Coffee is 897, 95.59% below its average volume of 20378.3.

Volatility

Coffee's last week, last month's, and last quarter's current intraday variation average was a negative 0.17%, a negative 0.56%, and a positive 2.83%, respectively.

Coffee's highest amplitude of average volatility was 3.00% (last week), 1.88% (last month), and 2.83% (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)

  • Reborn coffee closes $1 million private placement equity investment from chairman farooq arjOmand. According to Business Insider on Wednesday, 17 January, "Reborn Coffee intends to use these proceeds for working capital and general corporate purposes.", "This capital investment marks a pivotal moment for Reborn Coffee as we continues to solidify our position as a leader in the coffee industry, having just recently opened our flagship store in Malaysia and marking the beginning of our international expansion into Southeast Asia and beyond. "

News about

  • Crude oil forecast - crude oil markets continue to be noisy - 18 January 2024. According to DailyForex on Thursday, 18 January, "In the case of WTI Crude Oil, the market saw early declines on Wednesday, reflecting the ongoing turbulence in Crude Oil prices. ", "At the end of the day, the crude oil market remains within a consolidation range, with WTI Crude Oil and Brent both navigating between support and resistance levels. "

More news about Coffee (KC).

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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.