(VIANEWS) – Cocoa (CC) is currently on bearish momentum. At 14:50 EST on Monday, 27 June, Cocoa (CC) is at $2,401.00 and 1.27% down since the last session’s close.

Volume

Today’s last reported volume for Cocoa is 18031, 99.91% below its average volume of 21735278.9.

Cocoa Range

Regarding Cocoa’s daily highs and lows, it’s 0.785% down from its trailing 24 hours low of $2,420.00 and 2.675% down from its trailing 24 hours high of $2,467.00.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was 2.17%, 0.91%, and 1.36%, respectively.

Cocoa’s highest amplitude of average volatility was 2.17% (last week), 1.65% (last month), and 1.36% (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: price bounces off trendline – 27 June 2022. According to DailyForex on Monday, 27 June, "The West Texas Intermediate Crude Oil market rallied a bit on Friday as we had been testing a major uptrend line. "

More news about Cocoa (CC).

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