by junjie li, investmacro.com
Coffee Futures End of Day: February 08 2019
The Coffee Ice Futures finished the North American session today with a reduction of -1.82 percent and closed the day around the 102.4 price level, according to unofficial data at the New York close. The KC opened at 104.2 with the high of the day being 104.75 and the low of the day at 102.3.
The Relative Strength Index, an indicator that can indicate overbought (above 80) and oversold levels (below 20), shows that the current RSI score is at 45.9 for a Bearish reading on the daily time-frame.
Coffee Futures Trends:
The Coffee Ice Futures is now down by -4.12 percent over the past 10 days while seeing a fall of -1.44 over the past 30 days. The 90-day change is 0.20 while the 180-day return and the 365-day return are -14.20 and -22.04, respectively.