(VIANEWS) – Corn (ZC) has been up by 9.79% for the last 10 sessions. At 05:52 EST on Thursday, 29 June, Corn (ZC) is $539.25.
Volume
Today’s last reported volume for Corn is 21278, 82.9% below its average volume of 124440.28.
Volatility
Corn’s last week, last month’s, and last quarter’s current intraday variation average was a negative 8.66%, a negative 6.87%, and a positive 5.54%, respectively.
Corn’s highest amplitude of average volatility was 8.66% (last week), 7.22% (last month), and 5.54% (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
- WTI crude oil forecast: traders using range-bound strategies as market consolidates – 28 June 2023. According to DailyForex on Wednesday, 28 June, "The WTI Crude Oil and Brent Crude markets remain range-bound, displaying a consolidation pattern that aligns with the summer season’s typically subdued trading activity. ", "WTI Crude Oil is projected to be between $65 and $75, while Brent Crude’s range is expected to fluctuate between approximately $70 and $80. "
- Crude oil forecast: market outlook and potential challenges – 27 June 2023. According to DailyForex on Tuesday, 27 June, "Traders and investors should closely monitor the $70 and $75 levels for potential breakout opportunities in WTI Crude Oil while keeping an eye on the $75 and $80 levels for Brent.", "Ultimately, the WTI Crude Oil and Brent markets are currently navigating a challenging landscape marked by volatility and economic uncertainties. "
- According to FXStreet on Tuesday, 27 June, "Also important will be the API Weekly Crude Oil Stock, prior -1.246M, for the period ended on June 23."
More news about Corn (ZC).
