(VIANEWS) – Cocoa (CC) is currently on bearish momentum. At 06:04 EST on Monday, 20 September, Cocoa (CC) is at $2,635.00 and 1.13% down since the last session’s close.
Today’s last reported volume for Cocoa is 1428, 99.99% below its average volume of 24805743832.66.
Cocoa’s last week, last month’s, and last quarter’s current volatility was a negative 0.29%, a positive 0.20%, and a positive 1.30%, 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 1.77% (last week), 1.43% (last month), and 1.30% (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 overbought (>=80).
News about Crude Oil
- WTI crude oil forecast: crude oil showing buyers on dips – 17 September 2021. According to DailyForex on Friday, 17 September, "The West Texas Intermediate Crude Oil market had initially fallen during the trading session on Thursday, in a bit of profit-taking. "
More news about Cocoa (CC).