(VIANEWS) - Cocoa (CC) has been up by 12.73% for the last 21 sessions. At 05:52 EST on Wednesday, 24 April, Cocoa (CC) is $10,875.00.
Volume
Today's last reported volume for Cocoa is 1290, 99.98% below its average volume of 10303134.03.
Volatility
Cocoa's last week, last month's, and last quarter's current intraday variation average was a negative 0.29%, a positive 0.82%, and a positive 1.83%, respectively.
Cocoa's highest amplitude of average volatility was 2.15% (last week), 1.65% (last month), and 1.83% (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
- According to FXStreet on Wednesday, 24 April, "That said, expectations that the Federal Reserve (Fed) will keep rates higher for longer support prospects for the emergence of some USD dip-buying and warrants caution before positioning for any further near-term appreciating move for Crude Oil prices.", "This reduces the risk premium from markets and acts as a headwind for Crude Oil prices. "
- WTI churns close to $82.00 as crude oil tries to stop the slide. According to FXStreet on Monday, 22 April, "West Texas Intermediate (WTI) US Crude Oil is exploring the low side of the $82.00 handle after declining from a near-term peak near $87.00. ", "The American Petroleum Institute (API) will deliver its latest weekly Crude Oil Stocks barrel counts late Tuesday. "
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