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Corn Futures Over 2% Up In The Last 5 Sessions

Corn Futures Over 2% Up In The Last 5 Sessions
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(VIANEWS) - Corn (ZC) has been up by 2.64% for the last 5 sessions. At 11:58 EST on Monday, 8 April, Corn (ZC) is $447.00.

Volume

Today's last reported volume for Corn is 60463, 54.62% below its average volume of 133256.93.

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

  • WTI crude oil weekly forecast: resistance vulnerable as values escalate anew - 07 April 2024. According to DailyForex on Sunday, 7 April, "The movement higher in WTI Crude Oil is certainly a fact, but traders should not bet on buying positions blindly.", "The trend higher in WTI Crude Oil has been noticeable for a few months, but there have also been reversals lower which day traders need to respect."
  • According to FXStreet on Monday, 8 April, "The optimism is being fueled by positive economic data from China - the world's top importer - and supports prospects for the emergence of some dip-buying around Crude Oil prices.", "Apart from this, the OPEC+ clampdown on some countries to increase compliance with output cuts, along with a strong demand outlook, acts as a tailwind for Crude Oil prices. "
  • Crude oil forecast: continues to power higher - 08 April 2024. According to DailyForex on Monday, 8 April, "The West Texas Intermediate Crude Oil market initially pulled back during the day on Friday as we were waiting for the jobs number. ", "At this point, I fully anticipate that the WTI Crude Oil marketers looking to the $87.50 level next, followed by the $90 level above."

More news about Corn (ZC).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.