(VIANEWS) – Coffee (KC) has been up by 8.18% for the last 21 sessions. At 05:52 EST on Friday, 24 March, Coffee (KC) is $174.60.
Volume
Today’s last reported volume for Coffee is 637, 96.54% below its average volume of 18463.04.
Volatility
Coffee’s last week, last month’s, and last quarter’s current intraday variation average was a negative 3.45%, a negative 2.05%, and a positive 2.35%, respectively.
Coffee’s highest amplitude of average volatility was 3.45% (last week), 2.48% (last month), and 2.35% (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 Wednesday, 22 March, "Also important to watch is the weekly Crude Oil inventory data from the US Energy Information Administration (EIA), up for publishing on Wednesday and expected -1.448M versus 1.55M prior.", "December 2022 low near $70.30 precedes a two-week-old descending resistance line, around $71.40, to restrict Crude Oil upside."
- Crude oil forecast: continues to attempt a recovery – 23 March 2023. According to DailyForex on Thursday, 23 March, "The West Texas Intermediate (WTI) Crude Oil market experienced modest gains during Wednesday’s trading session, as market participants awaited the results of the FOMC meeting. "
- According to FXStreet on Thursday, 23 March, "That said, the weekly Crude Oil inventory data from the US Energy Information Administration (EIA) signaled that the stockpile grew 1.117M versus expected prints of -1.448M and 1.55M prior."
More news about Coffee (KC).
