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Cocoa Futures Bullish Momentum With A 3% Rise In The Last 10 Sessions

Cocoa Futures Bullish Momentum With A 3% Rise In The Last 10 Sessions
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(VIANEWS) - Cocoa (CC) has been up by 3.7% for the last 10 sessions. At 08:54 EST on Thursday, 18 May, Cocoa (CC) is $3,025.00.

Volume

Today's last reported volume for Cocoa is 6557, 99.95% below its average volume of 13861643.97.

Volatility

Cocoa's last week, last month's, and last quarter's current intraday variation average was a negative 7.77%, a negative 6.24%, and a positive 3.14%, respectively.

Cocoa's highest amplitude of average volatility was 7.77% (last week), 6.31% (last month), and 3.14% (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, 17 May, "Furthermore, the Gold price rebounds from the lowest level in a fortnight whereas prices of Crude Oil and Natural Gas also portray the market's cautious optimism."

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.