Coffee Futures Falls By 9% In The Last 21 Sessions

(VIANEWS) – Coffee (KC) has been up by 9.15% for the last 21 sessions. At 05:54 EST on Tuesday, 27 June, Coffee (KC) is $165.30.

Volume

Today’s last reported volume for Coffee is 2132, 89.49% below its average volume of 20296.34.

Volatility

Coffee’s last week, last month’s, and last quarter’s current intraday variation average was a negative 2.96%, a negative 1.66%, and a positive 2.10%, respectively.

Coffee’s highest amplitude of average volatility was 2.96% (last week), 2.57% (last month), and 2.10% (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

  • Crude oil signal: prices continue to slide, but support levels offer buying opportunities – 26 June 2023. According to DailyForex on Monday, 26 June, "The WTI Crude Oil market witnessed a substantial decline, indicating a potential move toward the $65 level. ", "The $65 level for WTI Crude Oil and the $70 level for Brent remain significant regions attracting potential buyers. "
  • According to FXStreet on Monday, 26 June, "Friday’s bullish Doji candlestick challenges WTI Crude Oil sellers unless the quote slips beneath the one-month-old horizontal support zone near $67.00."

More news about Coffee (KC).

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