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Coffee Futures Rises By 10% In The Last 10 Sessions

ViaNews Editorial Team

October 19, 2023

Coffee Futures Rises By 10% In The Last 10 Sessions
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(VIANEWS) - Coffee (KC) has been up by 10.23% for the last 10 sessions. At 05:52 EST on Thursday, 19 October, Coffee (KC) is $160.00.

Volume

Today's last reported volume for Coffee is 2394, 87.97% below its average volume of 19908.59.

Volatility

Coffee's last week, last month's, and last quarter's current intraday variation average was a positive 1.72%, a negative 0.46%, and a positive 1.66%, respectively.

Coffee's highest amplitude of average volatility was 2.08% (last week), 1.58% (last month), and 1.66% (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

  • Crude oil forecast: looks to upside - 17 October 2023. According to DailyForex on Tuesday, 17 October, "The West Texas Intermediate Crude Oil market had a minor pullback, with the $90 level proving to be a significant source of support. ", "The Brent Crude Oil market also experienced an initial pullback on Monday, with the $90 level coming into play as a source of support. "
  • According to FXStreet on Tuesday, 17 October, "These developments are perceived as a potential tailwind for Crude Oil prices, as concerns over potential supply disruptions contribute to market uncertainties."
  • According to FXStreet on Wednesday, 18 October, " Looking ahead, oil traders will monitor the weekly EIA Crude Oil stockpiles report due on Wednesday. "

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.