(VIANEWS) – Corn (ZC) has been up by 2.36% for the last 5 sessions. At 02:52 EST on Thursday, 30 May, Corn (ZC) is $454.25.
Volume
Today’s last reported volume for Corn is 11733, 91.29% below its average volume of 134824.2.
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, 30 May, "In the previous week, the API Weekly Crude Oil Stock indicated a decrease of 6.49 million barrels, contrasting with the 2.48 million barrels added in the week prior."
- Crude oil eases back on Wednesday, WTI falls back below $79 per barrel. According to FXStreet on Wednesday, 29 May, "WTI US Crude Oil fell back under $80.00 per barrel on Wednesday, and crossing below the 200-day Exponential Moving Average (EMA) at $79.16. ", "Broad-market risk appetite is evaporating in the mid-week as investors balk at declining demand for US Treasuries and energy markets grow concerned ahead of US Crude Oil production counts."
- According to FXStreet on Wednesday, 29 May, "At the time of writing, Crude Oil (WTI) trades at $80.33 and Brent Crude at $84.62."
- Crude oil extends gains, WTI breaks $80 as markets look to opec+. According to FXStreet on Tuesday, 28 May, "API Weekly Crude Oil Stocks for the week ended May 24 are slated for late Wednesday, with EIA Crude Oil Stocks Change for the same period expected later Thursday.", "West Texas Intermediate (WTI) US Crude Oil rose on Tuesday as energy markets look to production cuts from the Organization of the Petroleum Exporting Countries (OPEC), and its extended network of non-member partner countries OPEC+, to maintain production cuts in order to try and tamp down global Crude Oil production in the face of disappointing demand."
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