Coffee Futures Bearish By 2% In The Last 5 Sessions

(VIANEWS) – Coffee (KC) has been up by 2.21% for the last 5 sessions. At 04:52 EST on Tuesday, 30 January, Coffee (KC) is $189.90.

Volume

Today’s last reported volume for Coffee is 447, 97.82% below its average volume of 20573.03.

Volatility

Coffee’s last week, last month’s, and last quarter’s current intraday variation average was 0.18%, 0.35%, and 2.99%, respectively.

Coffee’s highest amplitude of average volatility was 2.14% (last week), 1.89% (last month), and 2.99% (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 Zacks on Monday, 29 January, "ProShares K-1 Free Crude Oil Strategy ETF (OILK Quick QuoteOILK – Free Report) - Up 6.8% this year"
  • WTI crude oil weekly forecast: move higher as risk adds to complicated price – 28 January 2024. According to DailyForex on Sunday, 28 January, "However, traders who believe the price of WTI Crude Oil will continue to increase blindly should note that this is likely not going to happen. ", "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).

Leave a Reply

Your email address will not be published. Required fields are marked *