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Corn Futures Is 2% Down In The Last 5 Sessions

(VIANEWS) – Corn (ZC) has been up by 2.64% for the last 5 sessions. At 13:51 EST on Thursday, 21 December, Corn (ZC) is $469.75.

Volume

Today’s last reported volume for Corn is 8462, 93.37% below its average volume of 127814.73.

Volatility

Corn’s last week, last month’s, and last quarter’s current intraday variation average was 0.76%, 3.78%, and 2.42%, respectively.

Corn’s highest amplitude of average volatility was 2.07% (last week), 4.01% (last month), and 2.42% (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 looking to keep afloat above $74.00 as crude oil tries to shake off continuing supply buildup. According to FXStreet on Tuesday, 19 December, "Even with rebel attacks on tankers sending jitters through energies markets, the upside remains frustratingly elusive for Crude Oil prices, with WTI managing to hold onto the $74.00 handle but little more as crude barrel reserves continue to build up at a much faster pace than oil traders had predicated earlier in the year.", "Despite the recent rebound, Crude Oil bidding remains tepid, down on the year and trading on the south side of the 200-day Simple Moving Average (SMA) near the $77.50 price level."
  • According to FXStreet on Thursday, 21 December, "US EIA Crude Oil Stocks Change revealed that US Crude inventories for the week ending on December 15 unexpectedly rose to 2.909 million barrels. "
  • According to FXStreet on Wednesday, 20 December, "West Texas Intermediate (WTI) US Crude Oil is back over $74 per barrel, helping to bolster the Canadian Dollar into one of the best-performing currencies of the major bloc.", "Crude Oil markets caught a bounce on Wednesday with markets continuing to be concerned over rebel attacks on container ships in the Yemen region, which could destabilize Crude Oil supply routes between Asia and Europe. "

More news about Corn (ZC).

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