Coffee Futures Bearish Momentum With A 12% Drop In The Last 21 Sessions

(VIANEWS) – Coffee (KC) has been up by 12.01% for the last 21 sessions. At 08:51 EST on Friday, 23 June, Coffee (KC) is $165.15.

Volume

Today’s last reported volume for Coffee is 10246, 48.98% below its average volume of 20082.67.

Volatility

Coffee’s last week, last month’s, and last quarter’s current intraday variation average was a negative 4.01%, a negative 1.50%, and a positive 2.08%, respectively.

Coffee’s highest amplitude of average volatility was 4.01% (last week), 2.36% (last month), and 2.08% (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

  • According to FXStreet on Wednesday, 21 June, "Western Texas Intermediate (WTI) Crude Oil prices build on the overnight bounce from a three-day low and gain some positive traction during the Asian session on Wednesday. ", "A sustained strength beyond will confirm the bullish double-bottom pattern and allow WTI Crude Oil price to reclaim the $74.00 mark. "

More news about Coffee (KC).

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