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Corn Futures Is 11% Up In The Last 10 Sessions

(VIANEWS) – Corn (ZC) has been up by 11.9% for the last 10 sessions. At 05:55 EST on Thursday, 5 September, Corn (ZC) is $411.50.

Volume

Today’s last reported volume for Corn is 13072, 90.67% below its average volume of 140147.06.

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 Thursday, 5 September, "A convincing break below the latter will be seen as a fresh trigger for bearish traders and drag Crude Oil prices to sub-$67.00 levels, or June 2023 swing low.", "The latter should act as a key pivotal point, which if cleared decisively should trigger a short-covering rally, which should allow Crude Oil prices to surpass the $72.50 intermediate resistance and aim to reclaim the $73.00 mark."
  • Crude oil snaps below $70 as opec, libya flood supply side. According to FXStreet on Wednesday, 4 September, "At the time of writing, Crude Oil (WTI) trades at $70.40 and Brent Crude at $74.11"

More news about Corn (ZC).

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