(VIANEWS) – Coffee (KC) has been up by 10.23% for the last 10 sessions. At 05:52 EST on Thursday, 19 October, Coffee (KC) is $160.00.
Volume
Today’s last reported volume for Coffee is 2394, 87.97% below its average volume of 19908.59.
Volatility
Coffee’s last week, last month’s, and last quarter’s current intraday variation average was a positive 1.72%, a negative 0.46%, and a positive 1.66%, respectively.
Coffee’s highest amplitude of average volatility was 2.08% (last week), 1.58% (last month), and 1.66% (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: looks to upside – 17 October 2023. According to DailyForex on Tuesday, 17 October, "The West Texas Intermediate Crude Oil market had a minor pullback, with the $90 level proving to be a significant source of support. ", "The Brent Crude Oil market also experienced an initial pullback on Monday, with the $90 level coming into play as a source of support. "
- According to FXStreet on Tuesday, 17 October, "These developments are perceived as a potential tailwind for Crude Oil prices, as concerns over potential supply disruptions contribute to market uncertainties."
- According to FXStreet on Wednesday, 18 October, " Looking ahead, oil traders will monitor the weekly EIA Crude Oil stockpiles report due on Wednesday. "
More news about Coffee (KC).
