(VIANEWS) –

Cocoa (CC=f) is currently on bearish momentum. At 06:08 EST on Wednesday, 21 July, Cocoa (CC=f) is at $2,267.00 and 6.48% down since the last session’s close.

Volume

Today’s last reported volume for Cocoa is 1004, 100% below its average volume of 27612285344.12.

Cocoa Range

Regarding Cocoa’s daily highs and lows, it’s 1.568% up from its trailing 7 days low of $2,232.00 and 6.554% down from its trailing 7 days high of $2,426.00.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current volatility was a negative 1.27%, a positive 0.04%, and a positive 1.35%, respectively.

Cocoa’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.67% (last week), 1.36% (last month), and 1.35% (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: oil bounces from major support level – 19 July 2021. According to DailyForex on Monday, 19 July, "The West Texas Intermediate Crude Oil market fell during the trading session on Friday, reaching down towards the $70 level which is a large, round, psychologically significant level and will attract a lot of attention. "

More news about Cocoa (CC=f).

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