(VIANEWS) – Corn (ZC) has been up by 3.43% for the last 5 sessions. At 04:51 EST on Wednesday, 3 January, Corn (ZC) is $464.00.
Volume
Today’s last reported volume for Corn is 6938, 94.76% below its average volume of 132545.63.
Volatility
Corn’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.61%, a positive 2.28%, and a positive 2.46%, respectively.
Corn’s highest amplitude of average volatility was 0.61% (last week), 2.77% (last month), and 2.46% (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 falls back towards $70 per barrel as crude oil extends declines. According to FXStreet on Tuesday, 2 January, "Markets were broadly expecting the figure to hold steady at November’s figure of 48.2, and a softening economic outlook for the US is driving down risk appetite, sending Crude Oil further down the charts as investors back into the safe haven US Dollar and sell off equities and commodities to kick off the 2024 trading year.", "West Texas Intermediate (WTI) Crude Oil bids fell on Tuesday following a reversal from the day’s early peak near $73.70, sending barrel bids back toward the $70.00 handle as energies markets face downside pressure from multiple fronts."
- WTI crude oil: weekly forecast 1st January – 6th January – 01 January 2024. According to DailyForex on Monday, 1 January, "Day traders should be conservative as trading opens this week in WTI Crude Oil to get a feeling for where market sentiment is following the long weekend.", "The ability of Crude Oil to incrementally move lower last week with light holiday trading at the forefront highlights that conditions remain calm in the minds of speculators. "
More news about Corn (ZC).
