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Coffee Futures Bullish By 7% In The Last 21 Sessions

(VIANEWS) – Coffee (KC) has been up by 7.66% for the last 21 sessions. At 13:54 EST on Monday, 4 December, Coffee (KC) is $182.05.

Volume

Today’s last reported volume for Coffee is 790, 96.21% below its average volume of 20895.1.

Volatility

Coffee’s last week, last month’s, and last quarter’s current intraday variation average was a negative 3.57%, a negative 3.11%, and a positive 2.21%, respectively.

Coffee’s highest amplitude of average volatility was 4.59% (last week), 3.50% (last month), and 2.21% (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

  • Crude oil: weekly forecast 3rd December – 9th December – 03 December 2023. According to DailyForex on Sunday, 3 December, "The belief that demand will start to flourish among speculators and global manufacturers who need Crude Oil is reasonable, but Thursday’s sudden reversal lower shows that speculative forces remain strong among those who have the ability to sell with short-term bursts.WTI Crude Oil Weekly Outlook:", "Speculators who want to want to wager on developing upside in WTI Crude Oil cannot be blamed. "

More news about Coffee (KC).

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