(VIANEWS) – Cocoa (CC) is currently on bearish momentum. At 16:50 EST on Friday, 3 December, Cocoa (CC) is at $2,320.00 and 4.17% down since the last session’s close.

Volume

Today’s last reported volume for Cocoa is 16485, 99.99% below its average volume of 21978448598.21.

Cocoa Range

Concerning Cocoa’s daily highs and lows, it’s 1.024% down from its trailing 24 hours low of $2,344.00 and 6.035% down from its trailing 24 hours high of $2,469.00.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.71%, a negative 0.50%, and a positive 1.64%, respectively.

Cocoa’s highest amplitude of average volatility was 2.37% (last week), 1.49% (last month), and 1.64% (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: market stabilizes after big selloff – 30 November 2021. According to DailyForex on Tuesday, 30 November, "The West Texas Intermediate Crude Oil market rallied significantly on Monday after selling off quite horrifically on Friday. "

More news about Cocoa (CC).

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