(VIANEWS) – Coffee (KC) has been up by 20.08% for the last 21 sessions. At 04:54 EST on Thursday, 23 February, Coffee (KC) is $192.25.
Volume
Today’s last reported volume for Coffee is 490, 97.46% below its average volume of 19320.92.
Volatility
Coffee’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.29%, a positive 1.22%, and a positive 2.15%, respectively.
Coffee’s highest amplitude of average volatility was 0.71% (last week), 1.66% (last month), and 2.15% (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, 22 February, "Adding to this, bearish Crude Oil prices – amid worries that rapidly rising borrowing costs will dampen economic growth and dent fuel demand – further weighs on the commodity-linked Loonie."
- According to FXStreet on Tuesday, 21 February, "Against the backdrop of weaker Crude Oil prices, softer Canadian consumer inflation figures weigh on the commodity-linked Loonie and provide a modest lift to the USD/CAD pair."
- WTI crude oil forecast: choppy behavior in thin volume – 21 February 2023. According to DailyForex on Tuesday, 21 February, "During Monday’s trading session, the West Texas Intermediate Crude Oil market rallied a bit, but we saw a lot of noisy and choppy behavior in thin volume, due to the Presidents’ Day holiday. ", "In summary, during Monday’s trading session, the West Texas Intermediate Crude Oil market rallied a bit, but we saw a lot of noisy and choppy behavior in thin volume. "
More news about Coffee (KC).
