Coffee Futures Bullish Momentum With A 15% Rise In The Last 21 Sessions

(VIANEWS) – Coffee (KC) has been up by 15.93% for the last 21 sessions. At 13:51 EST on Friday, 17 November, Coffee (KC) is $171.05.

Volume

Today’s last reported volume for Coffee is 948, 95.3% below its average volume of 20187.83.

Volatility

Coffee’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.68%, a negative 0.27%, and a positive 1.68%, respectively.

Coffee’s highest amplitude of average volatility was 1.68% (last week), 1.95% (last month), and 1.68% (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

  • According to FXStreet on Wednesday, 15 November, "This, along with the prevalent US Dollar (USD) selling bias, turns out to be another factor acting as a tailwind for Crude Oil prices.", "West Texas Intermediate (WTI) Crude Oil prices attract some dip-buying near the $77.65 region during the Asian session on Wednesday and for now, seem to have stalled the overnight pullback from a one-week high. "

More news about Coffee (KC).

Leave a Reply

Your email address will not be published. Required fields are marked *