(VIANEWS) – Cocoa (CC) is currently on bearish momentum. At 07:50 EST on Friday, 21 January, Cocoa (CC) is at $2,619.00 and 1.54% down since the last session’s close.
Today’s last reported volume for Cocoa is 2764, 99.99% below its average volume of 21116743233.38.
About Cocoa’s daily highs and lows, it’s 0.758% down from its trailing 24 hours low of $2,639.00 and 2.82% down from its trailing 24 hours high of $2,695.00.
Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was 0.23%, 0.61%, and 1.48%, respectively.
Cocoa’s highest amplitude of average volatility was 0.95% (last week), 1.24% (last month), and 1.48% (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).
Last news about Cocoa (CC)
- Chocolate demand recovery expected to drive another jump in cocoa processing. According to Bloomberg Quint on Tuesday, 18 January, "The European Cocoa Association will release grindings data on Wednesday, with North American figures from the National Confectioners Association due a day later. "
More news about Cocoa (CC).