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Cocoa Futures Slides By 3% In The Last 5 Sessions

Cocoa Futures Slides By 3% In The Last 5 Sessions
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(VIANEWS) - Cocoa (CC) has been up by 3.23% for the last 5 sessions. At 05:52 EST on Monday, 13 March, Cocoa (CC) is $2,698.00.

Volume

Today's last reported volume for Cocoa is 26341, 99.82% below its average volume of 15050188.27.

Volatility

Cocoa's last week, last month's, and last quarter's current intraday variation average was 0.95%, 1.66%, and 1.39%, respectively.

Cocoa's highest amplitude of average volatility was 2.07% (last week), 1.87% (last month), and 1.39% (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 overbought (>=80).

News about

  • According to FXStreet on Monday, 13 March, "Although a five-week-old support line restricts immediate WTI crude oil downside near $75.00, a daily closing beyond the 50-DMA hurdle surrounding $77.75 becomes necessary for the Crude Oil price to keep the buyers in the driver's seat."

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.