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Coffee Futures Bullish By 4% In The Last 5 Sessions

ViaNews Editorial Team

August 24, 2023

Coffee Futures Bullish By 4% In The Last 5 Sessions
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(VIANEWS) - Coffee (KC) has been up by 4.58% for the last 5 sessions. At 05:52 EST on Thursday, 24 August, Coffee (KC) is $155.15.

Volume

Today's last reported volume for Coffee is 1093, 94.53% below its average volume of 20016.41.

Volatility

Coffee's last week, last month's, and last quarter's current intraday variation average was a positive 2.32%, a negative 0.09%, and a positive 2.02%, respectively.

Coffee's highest amplitude of average volatility was 2.32% (last week), 1.68% (last month), and 2.02% (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 Wednesday, 23 August, " Looking ahead, oil traders will keep an eye on EIA Crude Oil Stocks Change for the week ending August 18 and S&P Global PMIs due on Wednesday. "
  • According to FXStreet on Tuesday, 22 August, " Moving on, oil traders will keep an eye on the American Petroleum Institute's (API) Weekly Crude Oil Stock and EIA Crude Oil Stocks Change for the week ending August 18. "

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.