(VIANEWS) – Cocoa (CC) is currently on bearish momentum. At 11:52 EST on Wednesday, 29 June, Cocoa (CC) is at $2,366.00 and 1.5% down since the last session’s close.

Volume

Today’s last reported volume for Cocoa is 15424, 99.92% below its average volume of 21434204.93.

Cocoa Range

About Cocoa’s daily highs and lows, it’s 1.376% down from its trailing 24 hours low of $2,399.00 and 2.714% down from its trailing 24 hours high of $2,432.00.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was 1.52%, 1.00%, and 1.38%, respectively.

Cocoa’s highest amplitude of average volatility was 1.52% (last week), 1.66% (last month), and 1.38% (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 approaches 50-day EMA – 28 June 2022. According to DailyForex on Tuesday, 28 June, "The West Texas Intermediate Crude Oil market rallied after initially falling on Monday to show signs of life again. ", "The WTI Crude Oil market is approaching the $110 level and by extension the 50-day EMA. "
  • 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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