(VIANEWS) – Corn (ZC) has been up by 3.8% for the last 10 sessions. At 10:50 EST on Tuesday, 20 February, Corn (ZC) is $430.25.
Volume
Today’s last reported volume for Corn is 61658, 53.43% below its average volume of 132421.47.
Volatility
Corn’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.79%, a negative 0.33%, and a positive 2.49%, respectively.
Corn’s highest amplitude of average volatility was 0.79% (last week), 0.69% (last month), and 2.49% (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
- Crude oil tests the high end as geopolitical concerns weigh, keeping energy prices pinned. According to FXStreet on Monday, 19 February, "WTI US Crude Oil remands bid into near-term highs, testing $78.00 and bolstered above the 200-hour Simple Moving Average (SMA) near $76.60.", "West Texas Intermediate (WTI) US Crude Oil tested above $78.00 per barrel on Monday, finding room to the upside with US markets darkened for the American President’s Day federal holiday."
- WTI crude oil weekly forecast: speculative values remain near mid-term highs – 18 February 2024. According to DailyForex on Sunday, 18 February, "But if the ‘news’ cycle remains quiet this weekend and on Monday, then it will be doubly intriguing to see if WTI Crude Oil can sustain its higher price range. ", "But before traders assume the reason for WTI Crude Oil trading within sight of mid-term highs is due to Middle East tensions increasing, traders should consider the fact that Middle East tensions have been high since the 7th of October. "
More news about Corn (ZC).
