US Coffee C closed up by 9.56% to 166.8 on 23 January 2021 and +9.66% on a weekly basis. US Coffee C momentum was last calculated at +0.0/100 indicating positive momentum. US Coffee C trend is +75.0/100 indicating a positive trend. US Coffee C momentum exhaustion is 1.02121 indicating US Coffee C is oversold.US Coffee C RSI is 46.6038 .
US Coffee C Chart
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US Coffee C closed at 166.8 on 23 January 2021. US Coffee C trend was last calculated at +75.0/100 (range: -100 to +100) indicating a positive trend based on MacroVar models. US Coffee C momentum was last calculated at +0.0/100 (range: -100 to +100) indicating positive momentum. US Coffee C momentum exhaustion is 1.02121 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating US Coffee C is oversold and a possible reversal is imminent. US Coffee C RSI was last calculated at 46.6038. US Coffee C moving averages were last recorded as follows: 1-month moving average: 124.088 in an uptrend , 1-quarter moving average: 115.738 in an uptrend and 1-year moving average: 111.157 in an uptrend. US Coffee C annual return was last recorded at None%, daily return was last recorded at 9.56%, and weekly return was last recorded at 9.66%. US Coffee C histrorical 20-day volatility was last recorded at 28.8829%, US Coffee C alpha None, US Coffee C beta None and US Coffee C maximum drawdown was recorded at None%. MacroVar models monitor US Coffee C statistics based on historical data since 1970.
Momentum trading is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.
MacroVar US Coffee C momentum signal ranges from -100 to +100. The
US Coffee C momentum signal is derived as the mean value from 4 calculations for the China Import Dry Bulk Freight Index CDFI. The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. US Coffee C return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1.
US Coffee C BADI momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when
US Coffee C momentum signal moves from positive to negative value or vice-versa.
US Coffee C Trend
US Coffee C trend signal ranges from -100 to +100. US Coffee C trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. US Coffee C Closing price vs
US Coffee C moving average (MA) calculation: If
US Coffee C is greater than US Coffee C MA value is +1, else -1, 2. US Coffee C Moving average slope calculation: if current
US Coffee C moving average is higher than the previous MA,
US Coffee C upward slope +1, else -1
US Coffee C trend model can be used as a trend strength indicator.
US Coffee C trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when US Coffee C trend strength indicator moves from positive to negative value or vice-versa.
The most important trend indicator
The US Coffee C 52-week simple moving average and its slope are the most important indicators defining a market’s trend.
US Coffee C is in an uptrend when US Coffee C price is higher than the 52-week moving average and the
US Coffee C 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the
US Coffee C oscillator and US Coffee C RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.
US Coffee C Oscillator
The US Coffee C oscillator estimated by MacroVar is the z-score of the current
US Coffee C price versus US Coffee C 1-year simple moving average price. The formula for the
US Coffee C oscillator is:
US Coffee C oscillator = (Current Price – 250 trading days
US Coffee C simple moving average price) / (250 days US Coffee C price standard deviation)
US Coffee C oversold conditions
US Coffee C is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the
US Coffee C is oversold it is often due for a rebound. Values of the
US Coffee C oscillator lower than -2.5 signify oversold conditions. It must be noted that the
US Coffee C oscillator must be analyzed ibn conjunction with the rest of
US Coffee C quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the
US Coffee C RSI.
US Coffee C overbought conditions
US Coffee C is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the
US Coffee C is overbought it is often due for a correction. Values of the
US Coffee C oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the
US Coffee C quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.
US Coffee C RSI Indicator
The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when US Coffee C is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. During
US Coffee C uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.
US Coffee C Returns
MacroVar calculates US Coffee C returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:
US Coffee C returns = (US Coffee C Closing Price Previous Price)/(US Coffee C Previous Price)