(VIANEWS) – Coffee (KC) has been up by 2.27% for the last 5 sessions. At 05:52 EST on Monday, 11 September, Coffee (KC) is $148.25.
Volume
Today’s last reported volume for Coffee is 1313, 93.5% below its average volume of 20215.08.
Volatility
Coffee’s last week, last month’s, and last quarter’s current intraday variation average was 0.66%, 0.87%, and 1.92%, respectively.
Coffee’s highest amplitude of average volatility was 1.24% (last week), 1.57% (last month), and 1.92% (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 Monday, 11 September, "WTI Crude Oil prices might then accelerate the momentum towards the $88.00 round figure en route to the $88.60 intermediate hurdle, the $89.00 mark and the next relevant barrier near the $89.30-$89.35 zone.", "The prospects of tighter global supplies, along with hopes for a demand recovery in China, continue to act as a tailwind for WTI Crude Oil prices. "
- WTI crude oil: weekly forecast 10th September – 16th September – 10 September 2023. According to DailyForex on Sunday, 10 September, "On the 28th of June, the price of WTI Crude Oil was trading below the 67.000 price momentarily. ", "While it may seem odd for traders that worries about a global recession would spark a higher Crude Oil price the potential of decreased supply concerns last week caused speculative buying."
More news about Coffee (KC).
