Cocoa is currently on bearish momentum. At 11:06 EST on Tuesday, 20 April, Cocoa is at $2,437.00 and 2.21% down since the last session’s close.
Concerning Cocoa’s daily highs and lows, it’s 0.911% up from its trailing 24 hours low of $2,415.00 and 2.089% down from its trailing 24 hours high of $2,489.00.
Cocoa’s last week, last month’s, and last quarter’s current volatility was a negative 1.27%, a negative 2.00%, and a positive 2.10%, respectively.
Cocoa’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.33% (last week), 2.36% (last month), and 2.10% (last quarter), respectively.
Commodity Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Cocoa’s commodity is considered to be oversold (<=20).
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