(VIANEWS) – Corn (ZC) has been up by 7.59% for the last 21 sessions. At 10:54 EST on Monday, 26 February, Corn (ZC) is $414.00.
Volume
Today’s last reported volume for Corn is 114851, 13.6% below its average volume of 132936.16.
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
- WTI crude oil weekly forecast: prices turn lower towards near-term support – 25 February 2024. According to DailyForex on Sunday, 25 February, "A fresh move lower in WTI Crude Oil on Monday which begins to challenge the 76.000 price level may ignite additional selling from speculators who want to test the short-term trend.WTI Crude Oil Weekly Outlook:Speculative price range for WTI Crude Oil is 74.690 to 79.100", "The price range which has become accepted as a norm by traders, may have more to do with the gyrations in WTI Crude Oil compared to other interpretations."
- Usd/cad sticks to intraday gains around 1.3525 amid weaker crude oil prices. According to FXStreet on Monday, 26 February, "It, however, remains to be seen if spot prices could extend the momentum amid worries about supply disruptions in the Middle East, which could act as a tailwind for Crude Oil prices.", "This, in turn, drags Crude Oil prices away from a multi-week top touched last Thursday, which is seen undermining the commodity-linked Loonie. "
More news about Corn (ZC).
