(VIANEWS) – Cocoa (CC) is currently on bearish momentum. At 05:53 EST on Wednesday, 22 June, Cocoa (CC) is at $2,428.00 and 1.62% down since the last session’s close.

Volume

Today’s last reported volume for Cocoa is 3708, 99.98% below its average volume of 21888978.46.

Cocoa Range

About Cocoa’s daily highs and lows, it’s 0.695% down from its trailing 24 hours low of $2,445.00 and 1.939% down from its trailing 24 hours high of $2,476.00.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was 3.48%, 0.48%, and 1.33%, respectively.

Cocoa’s highest amplitude of average volatility was 3.48% (last week), 1.44% (last month), and 1.33% (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 slices through 50-day EMA – 20 June 2022. According to DailyForex on Monday, 20 June, "The West Texas Intermediate Crude Oil markethad a rough trading session on Friday as most assets did. "

More news about Cocoa (CC).

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