by junjie li, investmacro.com
Coffee Futures End of Day: May 24 2019
The Coffee Ice Futures finished the North American session today with a fall of -0.21 percent and closed the day around the 93.3 price level, according to unofficial data at the New York close. The KC opened at 93.5 with the high of the day being 95.0 and the low of the day at 92.6.
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 54.8 for a Bullish reading on the daily time-frame.
Coffee Futures Trends:
The Coffee Ice Futures has advanced by 2.75 percent over the past 10 days while seeing an advance by 3.38 over the past 30 days. The 90-day change is -7.90 while the 180-day return and the 365-day return are -8.71 and -22.25, respectively.