(VIANEWS) – Corn (ZC) has been up by 4.75% for the last 10 sessions. At 02:54 EST on Friday, 26 April, Corn (ZC) is $452.00.
Volume
Today’s last reported volume for Corn is 8928, 93.12% below its average volume of 129783.4.
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 explores downside but remains close to $83 as crude oil markets froth. According to FXStreet on Wednesday, 24 April, "Despite easing buying pressure in barrel markets, Crude Oil declines remain limited after US barrel counts declined on a week-on-week basis.", "Daily candles remain on the high side of the 200-day EMA at $79.11, and despite recent bearish pulldown, Crude Oil remains well up from 2024’s early lows near $70.00 per barrel."
- According to FXStreet on Wednesday, 24 April, "That said, expectations that the Federal Reserve (Fed) will keep rates higher for longer support prospects for the emergence of some USD dip-buying and warrants caution before positioning for any further near-term appreciating move for Crude Oil prices.", "Adding to this, expectations that major central banks will cut interest rates to support economic growth, which, in turn, will boost fuel consumption, and a surprise drop in US crude inventories last week help limit the downside for Crude Oil prices. "
More news about Corn (ZC).
