Cocoa is currently on bullish momentum. At 10:04 EST on Wednesday, 12 May, Cocoa is at $2,499.00 and 4.78% up since the last session’s close.
Concerning Cocoa’s daily highs and lows, it’s 6.16% up from its trailing 7 days low of $2,354.00 and 1.051% up from its trailing 7 days high of $2,473.00.
Cocoa’s last week, last month’s, and last quarter’s current volatility was 1.20%, 0.28%, and 1.91%, 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 2.19% (last week), 1.53% (last month), and 1.91% (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).
More news about Cocoa.