(VIANEWS) – Coffee (KC) has been up by 13.48% for the last 21 sessions. At 04:54 EST on Thursday, 28 December, Coffee (KC) is $196.20.
Volume
Today’s last reported volume for Coffee is 413, 97.99% below its average volume of 20586.9.
Volatility
Coffee’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.70%, a negative 3.30%, and a positive 2.64%, respectively.
Coffee’s highest amplitude of average volatility was 0.70% (last week), 3.80% (last month), and 2.64% (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 forecast: shows vigor on Friday – 26 December 2023. According to DailyForex on Tuesday, 26 December, "The West Texas Intermediate Crude Oil market exhibited a modest rally on Friday, suggesting a possible push towards the pivotal $75 level. ", "The $75 level in WTI Crude Oil and the $80 level in Brent Crude represent key milestones to watch, with the presence of EMAs introducing further complexity. "
- According to FXStreet on Thursday, 28 December, " Oil traders will keep an eye on the EIA Crude Oil Stocks Change report, due on Thursday. "
- Crude oil eases despite red sea tensions, WTI slips back towards $74.00. According to FXStreet on Wednesday, 27 December, "The API Weekly Crude Oil Stocks count last posted a 939K barrel increase last week while the EIA Crude Oil Stocks Change last showed a buildup of nearly three million barrels, and is forecast to print a -2.6 million barrels reduction for the week ended December 22.", "With Crude Oil production continuing to outpace declining barrel demand, even in the face of steepening production cuts from member states of the Organization of the Petroleum Exporting Countries (OPEC), and it’s organization of allies the OPEC+, Crude Oil continues to see stiff bearish pressure."
More news about Coffee (KC).
