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Cocoa Futures Bullish Momentum With A 17% Jump In The Last 21 Sessions

ViaNews Editorial Team

February 4, 2024

Cocoa Futures Bullish Momentum With A 17% Jump In The Last 21 Sessions
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(VIANEWS) - Cocoa (CC) has been up by 17.55% for the last 21 sessions. At 01:50 EST on Sunday, 4 February, Cocoa (CC) is $4,942.00.

Volume

Today's last reported volume for Cocoa is 26831, 99.75% below its average volume of 11009462.18.

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.