Corn Futures Is 4% Down In The Last 10 Sessions

(VIANEWS) – Corn (ZC) has been up by 4.73% for the last 10 sessions. At 10:53 EST on Saturday, 25 February, Corn (ZC) is $649.25.

Volume

Today’s last reported volume for Corn is 265186, 121.61% above its average volume of 119658.44.

Volatility

Corn’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.09%, a negative 0.13%, and a positive 0.93%, respectively.

Corn’s highest amplitude of average volatility was 0.45% (last week), 0.55% (last month), and 0.93% (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 forecast: oil languishing in the same range – 23 February 2023. According to DailyForex on Thursday, 23 February, "On Wednesday’s trading session, the West Texas Intermediate Crude Oil market experienced back and forth movement, remaining in the middle of a larger consolidation area. ", "In summary, the West Texas Intermediate Crude Oil market remains in a consolidation area, with $82 acting as significant resistance and $72 as significant support."
  • According to FXStreet on Thursday, 23 February, "A goodish recovery in Crude Oil prices underpins the commodity-linked Loonie, which, in turn, is seen as a key factor weighing on the USD/CAD pair. "

More news about Corn (ZC).

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