(VIANEWS) – Cocoa (CC) is currently on bearish momentum. At 07:53 EST on Friday, 31 December, Cocoa (CC) is at $2,533.00 and 1.02% down since the last session’s close.

Volume

Today’s last reported volume for Cocoa is 1860, 99.99% below its average volume of 21396371198.43.

Cocoa Range

About Cocoa’s daily highs and lows, it’s 1.239% up from its trailing 24 hours low of $2,502.00 and 1.669% down from its trailing 24 hours high of $2,576.00.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was 0.57%, 0.38%, and 1.64%, respectively.

Cocoa’s highest amplitude of average volatility was 0.65% (last week), 1.54% (last month), and 1.64% (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).

News about Crude Oil

  • WTI crude oil forecast: price breaks 50-day EMA – 28 December 2021. According to DailyForex on Tuesday, 28 December, "The West Texas Intermediate Crude Oil market rallied significantly on Monday to break above the crucial 50 day EMA and the $75 level. "

More news about Cocoa (CC).

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