(VIANEWS) – Coffee (KC) has been up by 5.86% for the last 5 sessions. At 04:55 EST on Friday, 5 January, Coffee (KC) is $185.65.
Volume
Today’s last reported volume for Coffee is 412, 97.96% below its average volume of 20240.95.
Volatility
Coffee’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.22%, a negative 2.45%, and a positive 2.72%, respectively.
Coffee’s highest amplitude of average volatility was 1.68% (last week), 3.04% (last month), and 2.72% (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 Thursday, 4 January, "Crude oil prices received additional support from the Weekly Crude Oil Stock data released by the American Petroleum Institute (API) on Wednesday. ", "Moreover, anticipation builds as the Energy Information Administration (EIA) is set to release the US Crude Oil Stocks Change on Thursday."
- Crude oil forecast: sees noisy recovery – 03 January 2024. According to DailyForex on Wednesday, 3 January, "Crude oil markets have shown positive signs at the beginning of 2024, indicating a potential resurgence in demand.WTI Crude OilIn the West Texas Intermediate Crude Oil Market, Tuesday’s performance was notably optimistic, as it appeared to strive towards the $75 mark."
- According to FXStreet on Wednesday, 3 January, "The upcoming release of the US EIA Crude Oil Stocks Change and API Weekly Crude Oil Stock data for the week ending on December 29 will be closely monitored on Wednesday. "
More news about Coffee (KC).
