(VIANEWS) – Cocoa (CC) is currently on bullish momentum. At 08:52 EST on Monday, 16 May, Cocoa (CC) is at $2,516.00 and 1.9% up since the last session’s close.

Volume

Today’s last reported volume for Cocoa is 5880, 99.97% below its average volume of 23613542.25.

Cocoa Range

Concerning Cocoa’s daily highs and lows, it’s 4.355% up from its trailing 24 hours low of $2,411.00 and 1.616% up 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 a negative 1.29%, a negative 0.30%, and a positive 1.50%, respectively.

Cocoa’s highest amplitude of average volatility was 1.51% (last week), 1.50% (last month), and 1.50% (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: crude oil finds buyers on the dip – 13 May 2022. According to DailyForex on Friday, 13 May, "The West Texas Intermediate Crude Oil market has been very volatile over the last couple of days, and at the beginning of Thursday, we did see some selling. "

More news about Cocoa (CC).

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