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