Coffee Futures Went Down By Over 2% In The Last 5 Sessions

(VIANEWS) – Coffee (KC) has been up by 2.8% for the last 5 sessions. At 10:51 EST on Friday, 29 December, Coffee (KC) is $187.80.

Volume

Today’s last reported volume for Coffee is 10321, 49.26% below its average volume of 20342.84.

Volatility

Coffee’s last week, last month’s, and last quarter’s current intraday variation average was a positive 1.27%, a negative 2.89%, and a positive 2.65%, respectively.

Coffee’s highest amplitude of average volatility was 1.27% (last week), 3.55% (last month), and 2.65% (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 Thursday, 28 December, " Oil traders will keep an eye on the EIA Crude Oil Stocks Change report, due on Thursday. "
  • Crude oil eases despite red sea tensions, WTI slips back towards $74.00. According to FXStreet on Wednesday, 27 December, "US Crude Oil stocks continue to flaunt expectations of declining reserves, and both the American Petroleum Institute (API) and the Energy Information Administration (EIA) will be publishing updated barrel buildup figures on Wednesday and Thursday, respectively.", "The API Weekly Crude Oil Stocks count last posted a 939K barrel increase last week while the EIA Crude Oil Stocks Change last showed a buildup of nearly three million barrels, and is forecast to print a -2.6 million barrels reduction for the week ended December 22."

More news about Coffee (KC).

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