(VIANEWS) – Cocoa (CC) is currently on bearish momentum. At 14:50 EST on Thursday, 30 June, Cocoa (CC) is at $2,333.00 and 1.39% down since the last session’s close.

Volume

Today’s last reported volume for Cocoa is 26546, 99.87% below its average volume of 21189673.51.

Cocoa Range

Concerning Cocoa’s daily highs and lows, it’s 1.228% down from its trailing 24 hours low of $2,362.00 and 2.913% down from its trailing 24 hours high of $2,403.00.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was 1.76%, 1.04%, and 1.40%, respectively.

Cocoa’s highest amplitude of average volatility was 1.76% (last week), 1.67% (last month), and 1.40% (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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