Corn Futures Is 6% Down In The Last 10 Sessions

(VIANEWS) – Corn (ZC) has been up by 6.44% for the last 10 sessions. At 16:54 EST on Friday, 23 February, Corn (ZC) is $413.75.

Volume

Today’s last reported volume for Corn is 210010, 63.1% above its average volume of 128760.06.

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, 22 February, " Oil traders will focus on the US S&P Global Services Purchasing Managers Index (PMI) for February and the Energy Information Administration (EIA) Crude Oil stockpiles report is due on Thursday. "
  • According to FXStreet on Thursday, 22 February, "Crude oil prices face pressure as the American Petroleum Institute (API) reported a higher-than-expected Crude Oil Stock figure of 7.168 million barrels for the week ending February 16, compared to the expected 4.298 million barrels. ", "Investors await the release of the US Energy Information Administration’s (EIA) Crude Oil Stocks Change later in the North American session for further insights into inventory levels."
  • WTI rallies, en route to $79.00 after EIA crude oil inventories slightly miss forecasts. According to FXStreet on Thursday, 22 February, "WTI has risen to its highest bids since late January, and US Crude Oil has closed higher or flat for all but two of the last fourteen consecutive trading days.", "The below-forecast barrel count sent prices higher as barrel traders shrug off the previous EIA barrel counts, as well as the American Petroleum Insititute’s (API) Weekly Crude Oil Stocks count of 7.168 million released on Wednesday."

More news about Corn (ZC).

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