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Corn Futures Is 10% Down In The Last 5 Sessions

(VIANEWS) – Corn (ZC) has been up by 10.53% for the last 5 sessions. At 07:52 EST on Tuesday, 7 November, Corn (ZC) is $490.50.

Volume

Today’s last reported volume for Corn is 2663, 97.97% below its average volume of 131582.33.

Volatility

Corn’s last week, last month’s, and last quarter’s current intraday variation average was 3.16%, 0.44%, and 1.90%, respectively.

Corn’s highest amplitude of average volatility was 3.16% (last week), 1.14% (last month), and 1.90% (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 oversold (<=20).

News about

  • Crude oil forecast: is crude trying to find a bottom? – 06 November 2023. According to DailyForex on Monday, 6 November, "Starting with WTI Crude Oil, the West Texas Intermediate Crude Oil market initially displayed signs of strength during Friday’s trading session. "
  • WTI crude oil: weekly forecast 5th November – 11th November – 05 November 2023. According to DailyForex on Sunday, 5 November, "The commodity touched a high around 84.780 last week, but this occurred when the WTI Crude Oil market was essentially opening early on Monday and as the week progressed an incremental decrease in price persisted. ", "It is possible that lower prices of WTI Crude Oil could lead to some buying from commodity houses which believe it is a good time to buy and build inventory. "

More news about Corn (ZC).

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