Corn Futures Bearish Momentum With A 3% Fall In The Last 10 Sessions

(VIANEWS) – Corn (ZC) has been up by 3.65% for the last 10 sessions. At 23:50 EST on Thursday, 8 August, Corn (ZC) is $396.00.

Volume

Today’s last reported volume for Corn is 6384, 95.28% below its average volume of 135330.51.

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

  • According to FXStreet on Wednesday, 7 August, "The American Petroleum Institute (API) reported an increase of 0.18 million barrels in the Weekly Crude Oil Stock for the week ending August 2, falling short of the expected 0.85 million barrels. ", "Additionally, the US Energy Information Administration is set to release its Crude Oil Stocks Change report later in the North American session."
  • According to FXStreet on Thursday, 8 August, "Energy Information Administration (EIA) Crude Oil Stocks Change declined by 3.728 million barrels for the week ending August 2, marking the sixth consecutive weekly decline. "

More news about Corn (ZC).

Leave a Reply

Your email address will not be published. Required fields are marked *