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Coffee Futures Drops By 3% In The Last 5 Sessions

Coffee Futures Drops By 3% In The Last 5 Sessions
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(VIANEWS) - Coffee (KC) has been up by 3.44% for the last 5 sessions. At 04:50 EST on Friday, 3 March, Coffee (KC) is $180.90.

Volume

Today's last reported volume for Coffee is 503, 97.15% below its average volume of 17689.6.

Volatility

Coffee's last week, last month's, and last quarter's current intraday variation average was a negative 1.39%, a positive 0.76%, and a positive 2.18%, respectively.

Coffee's highest amplitude of average volatility was 3.11% (last week), 2.47% (last month), and 2.18% (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 Wednesday, 1 March, "Furthermore, an intraday downtick in Crude Oil prices might undermine the commodity-linked Loonie and supports prospects for the emergence of some dip-buying around the USD/CAD pair. "
  • Crude oil forecast: continues to do very little as traders wait for momentum - 02 March 2023. According to DailyForex on Thursday, 2 March, "During Wednesday's trading session, the West Texas Intermediate Crude Oil market initially experienced a slight surge. "

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.