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Cocoa Futures Is 13% Down In The Last 21 Sessions

Cocoa Futures Is 13% Down In The Last 21 Sessions
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(VIANEWS) - Cocoa (CC) has been up by 13.35% for the last 21 sessions. At 05:54 EST on Thursday, 2 May, Cocoa (CC) is $7,771.00.

Volume

Today's last reported volume for Cocoa is 2773, 99.97% below its average volume of 10201512.8.

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 Tuesday, 30 April, "Apart from this,the API Weekly Crude Oil Stock for the week ending April 26 will be released."
  • According to FXStreet on Thursday, 2 May, "The Mexican Peso (MXN) trades higher in its key pairs on Thursday as market sentiment gets a lift from a combination of factors, including the US Federal Reserve's (Fed) decision to maintain an easing bias at its policy meeting on Wednesday, and Crude Oil prices hovering close to seven-week lows.", "Lower Crude Oil prices, with WTI trading in the mid $79s, were a further positive factor for global risk sentiment as they reduce companies' transportation and energy costs."

More news about Cocoa (CC).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.