(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).
