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Cocoa Futures Rises By 22% In The Last 21 Sessions

ViaNews Editorial Team

November 29, 2023

Cocoa Futures Rises By 22% In The Last 21 Sessions
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(VIANEWS) - Cocoa (CC) has been up by 22.94% for the last 21 sessions. At 16:50 EST on Wednesday, 29 November, Cocoa (CC) is $4,223.00.

Volume

Today's last reported volume for Cocoa is 3722, 99.96% below its average volume of 11599036.79.

Volatility

Cocoa's last week, last month's, and last quarter's current intraday variation average was a negative 2.14%, a positive 0.58%, and a positive 1.53%, respectively.

Cocoa's highest amplitude of average volatility was 2.14% (last week), 1.69% (last month), and 1.53% (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: looks for support - 27 November 2023. According to DailyForex on Monday, 27 November, "The WTI Crude Oil market initially dipped during the session, touching the $75 level before rebounding, a sign of emerging strength. ", "Exploring Prospects and Challenges in the Crude Oil MarketLong-term charts indicate that we are at the lower end of a larger consolidation area, aligning with the current market behavior."

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.