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Cocoa Futures Over 9% Up In The Last 21 Sessions

ViaNews Editorial Team

January 24, 2024

Cocoa Futures Over 9% Up In The Last 21 Sessions
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(VIANEWS) - Cocoa (CC) has been up by 9.57% for the last 21 sessions. At 07:50 EST on Wednesday, 24 January, Cocoa (CC) is $4,728.00.

Volume

Today's last reported volume for Cocoa is 6465, 99.94% below its average volume of 11061667.76.

Volatility

Cocoa's last week, last month's, and last quarter's current intraday variation average was 1.42%, 0.47%, and 1.68%, respectively.

Cocoa's highest amplitude of average volatility was 1.42% (last week), 1.19% (last month), and 1.68% (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

  • Crude oil forecast - crude oil continues to attempt to discern directionality - 22 January 2024. According to DailyForex on Monday, 22 January, "Looking specifically at the West Texas Intermediate (WTI) Crude Oil Market, it attempted a modest rally during Friday's trading session. "

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.