(VIANEWS) – Corn (ZC) has been up by 8.03% for the last 21 sessions. At 04:53 EST on Saturday, 11 March, Corn (ZC) is $626.75.
Volume
Today’s last reported volume for Corn is 128906, 5.89% above its average volume of 121724.48.
Volatility
Corn’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.37%, a negative 0.37%, and a positive 0.94%, respectively.
Corn’s highest amplitude of average volatility was 0.66% (last week), 0.84% (last month), and 0.94% (last quarter), respectively.
Commodity Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Corn’s commodity is considered to be overbought (>=80).
News about
- According to FXStreet on Thursday, 9 March, "This, along with an uptick in Crude Oil prices underpin the commodity-linked Loonie and acts as a headwind for the USD/CAD pair. ", "This, along with fading optimism over a strong Chinese economic recovery, which could dent fuel demand, should keep a lid on Crude Oil prices, suggesting that the path of least resistance for the USD/CAD pair is to the upside."
- Crude oil forecast: still looks somewhat lost – 10 March 2023. According to DailyForex on Friday, 10 March, "The WTI Crude Oil market experienced a bit of a rally during Thursday’s trading session but remains stuck in a range due to a lot of back-and-forth noisy behavior. ", "Until the market breaks out of its current range, traders should assume that it will continue to move back and forth between the $72.50 and $82.50 levels for the WTI Crude Oil market and the $77.50 and $89 levels for the Brent market. "
- Crude oil forecast: continues to look as if it is stuck in a range – 09 March 2023. According to DailyForex on Thursday, 9 March, "During Wednesday’s trading session, the West Texas Intermediate Crude Oil market fell slightly, reflecting the ongoing back-and-forth nature of the crude oil market. "
More news about Corn (ZC).
