(VIANEWS) - Cocoa (CC) has been up by 11.16% for the last 21 sessions. At 05:51 EST on Tuesday, 16 July, Cocoa (CC) is $8,554.00.
Volume
Today's last reported volume for Cocoa is 234, 99.99% below its average volume of 9732001.87.
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).
News about
- Crude oil churns on Monday as bull run fizzles out, WTI tests below $81.00. According to FXStreet on Monday, 15 July, "Barrel bids have been left within near-term consolidation levels, and global energy markets are running out of far-flung reasons to keep Crude Oil prices on the high end.", "WTI US Crude Oil is back to batting the $81.00 price handle, a key inflection point, after a failed bullish break out of recent consolidation. "
- According to FXStreet on Tuesday, 16 July, "This adds to worries about a slowdown in the world's second-largest economy and waning fuel demand in the world's biggest oil importer, which, in turn, is seen as a key factor exerting some downward pressure on Crude Oil prices.", "Apart from this, concerns about supply disruptions stemming from the ongoing conflicts in the Middle East should act as a tailwind for Crude Oil prices and help limit deeper losses. "
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