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Coffee Futures Bearish Momentum With A 2% Drop In The Last 5 Sessions

ViaNews Editorial Team

January 2, 2024

Coffee Futures Bearish Momentum With A 2% Drop In The Last 5 Sessions
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(VIANEWS) - Coffee (KC) has been up by 2.39% for the last 5 sessions. At 04:50 EST on Tuesday, 2 January, Coffee (KC) is $189.55.

Volume

Today's last reported volume for Coffee is 362, 98.25% below its average volume of 20767.01.

Volatility

Coffee's last week, last month's, and last quarter's current intraday variation average was a positive 0.58%, a negative 2.85%, and a positive 2.63%, respectively.

Coffee's highest amplitude of average volatility was 0.86% (last week), 3.32% (last month), and 2.63% (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).

More news about Coffee (KC).

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.