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Cocoa Futures Bullish By 29% In The Last 21 Sessions

ViaNews Editorial Team

February 12, 2024

Cocoa Futures Bullish By 29% In The Last 21 Sessions
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(VIANEWS) - Cocoa (CC) has been up by 29.22% for the last 21 sessions. At 07:52 EST on Monday, 12 February, Cocoa (CC) is $5,576.00.

Volume

Today's last reported volume for Cocoa is 9213, 99.91% below its average volume of 10932121.47.

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).

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.