(VIANEWS) - Coffee (KC) has been up by 9.89% for the last 21 sessions. At 14:52 EST on Thursday, 2 November, Coffee (KC) is $160.60.
Volume
Today's last reported volume for Coffee is 1257, 93.73% below its average volume of 20070.63.
Volatility
Coffee's last week, last month's, and last quarter's current intraday variation average was 1.04%, 0.54%, and 1.66%, respectively.
Coffee's highest amplitude of average volatility was 2.13% (last week), 1.45% (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: drops a bit to open week - 31 October 2023. According to DailyForex on Tuesday, 31 October, "West Texas Intermediate Crude Oil experienced a marginal decline as the week commenced, perpetuating the ongoing consolidation phase below the 50-Day Exponential Moving Average and maintaining its stance above the $82.50 mark, with a keen eye on the 200-Day EMA indicator. ", "Similar to its American counterpart, Brent Crude Oil receded during the trading session, finding itself perched upon the 50-Day EMA. "
- According to FXStreet on Tuesday, 31 October, "A modest uptick in Crude Oil prices is seen underpinning the commodity-linked Loonie. ", "This, along with worries that headwinds stemming from rapidly rising borrowing costs could dent fuel demand, keeps a lid on any meaningful upside for Crude Oil prices. "
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