(VIANEWS) – Cocoa (CC) is currently on bearish momentum. At 14:50 EST on Monday, 23 May, Cocoa (CC) is at $2,438.00 and 3.06% down since the last session’s close.
Today’s last reported volume for Cocoa is 21168, 99.9% below its average volume of 23200606.16.
About Cocoa’s daily highs and lows, it’s 1.414% up from its trailing 7 days low of $2,404.00 and 3.56% down from its trailing 7 days high of $2,528.00.
Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.92%, a negative 0.83%, and a positive 1.41%, respectively.
Cocoa’s highest amplitude of average volatility was 1.12% (last week), 1.37% (last month), and 1.41% (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).
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