After trading sideways through most of April below 270.00 cents, most-active Sep-23 FCOJ rallied during the last two weeks in April, settling Apr. 25, at a record high straddling the upper Bollinger Band. The contract fell in the last two sessions, however, closing Apr. 27, straddling the 20-day moving average. RSI is bearish, and MACD and the stochastic saw bearish crossovers.

Nearby May-23 FCOJ settled Apr. 27, near a four-week low—the first week to settle below its 20-day average in six weeks. Sep-23 FCOJ set a contract high Apr. 25, but fell shortly thereafter on Apr. 27; technicals are bearish.

Further information, statistics, and pricing for FCOJ are available to our IQ subscribers. Log in to read more.

Posted by: Information Services
Our Information Services team assists our clients with understanding commodity and ingredient market dynamics. Using our extensive database of intelligence, we also produce regular commodity and commercial market publications covering supply and demand fundamentals, news alerts on events that shape the markets, and resource guides to give you a complete picture of the industries we monitor.