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Coffee Futures Bearish By 7% In The Last 21 Sessions

ViaNews Editorial Team

August 31, 2023

Coffee Futures Bearish By 7% In The Last 21 Sessions
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(VIANEWS) - Coffee (KC) has been up by 7.73% for the last 21 sessions. At 11:54 EST on Thursday, 31 August, Coffee (KC) is $153.90.

Volume

Today's last reported volume for Coffee is 16199, 17.54% below its average volume of 19645.56.

Volatility

Coffee's last week, last month's, and last quarter's current intraday variation average was 0.35%, 0.15%, and 2.00%, respectively.

Coffee's highest amplitude of average volatility was 0.81% (last week), 1.58% (last month), and 2.00% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Coffee's commodity is considered to be oversold (<=20).

News about

  • According to FXStreet on Tuesday, 29 August, "Next to Crude Oil prices rising, Natural Gas prices were on a tear as well on Monday. ", "At the time of writing, Crude Oil (WTI) price trades at $80.10 per barrel and Brent Oil at $84.03"

More news about Coffee (KC).

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.