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Coffee Futures Went Up By Over 11% In The Last 21 Sessions

ViaNews Editorial Team

November 1, 2023

Coffee Futures Went Up By Over 11% In The Last 21 Sessions
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(VIANEWS) - Coffee (KC) has been up by 11.8% for the last 21 sessions. At 05:52 EST on Wednesday, 1 November, Coffee (KC) is $166.30.

Volume

Today's last reported volume for Coffee is 1053, 94.78% below its average volume of 20190.66.

Volatility

Coffee's last week, last month's, and last quarter's current intraday variation average was a negative 0.69%, a positive 0.41%, and a positive 1.61%, respectively.

Coffee's highest amplitude of average volatility was 0.69% (last week), 1.32% (last month), and 1.61% (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 overbought (>=80).

News about

  • According to Zacks on Tuesday, 31 October, "Results from oil and energy companies have been much anticipated this earnings season with WTI Crude Oil prices hovering well over $80 a barrel during the third quarter.", "Attractive dividends and reasonable valuations make these Zacks Oils & Energy sector stocks intriguing with WTI Crude Oil still over $80 a barrel at the moment."
  • According to FXStreet on Monday, 30 October, "The daily chart portrays the US Crude Oil as neutral to upward biased, likely to find support at the October 6 low of $81.56, ahead of sliding past the bottom Bollinger's band. "

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.