Coffee Futures Rises By 24% In The Last 21 Sessions

(VIANEWS) – Coffee (KC) has been up by 24.34% for the last 21 sessions. At 14:02 EST on Monday, 13 February, Coffee (KC) is $177.75.

Volume

Today’s last reported volume for Coffee is 18201, 1.18% below its average volume of 18419.72.

Volatility

Coffee’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.73%, a negative 0.75%, and a positive 2.46%, respectively.

Coffee’s highest amplitude of average volatility was 1.03% (last week), 2.20% (last month), and 2.46% (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

  • WTI crude oil forecast: range between $75 and $82.50 likely to hold for now, shorts possible near $80 – 13 February 2023. According to DailyForex on Monday, 13 February, "On the other hand, if we do turn around and breakout above the $82.50 level, then it’s possible that the West Texas Intermediate Crude Oil market is looking to the 200-Day EMA. "

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