Corn Futures Over 7% Down In The Last 21 Sessions

(VIANEWS) – Corn (ZC) has been up by 7.53% for the last 21 sessions. At 08:51 EST on Wednesday, 15 March, Corn (ZC) is $623.50.

Volume

Today’s last reported volume for Corn is 38563, 65.82% below its average volume of 112840.35.

Volatility

Corn’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.41%, a negative 0.72%, and a positive 0.84%, respectively.

Corn’s highest amplitude of average volatility was 1.41% (last week), 0.97% (last month), and 0.84% (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 Monday, 13 March, "Although a five-week-old support line restricts immediate WTI crude oil downside near $75.00, a daily closing beyond the 50-DMA hurdle surrounding $77.75 becomes necessary for the Crude Oil price to keep the buyers in the driver’s seat."
  • Crude oil forecast: crude oil tests the bottom of its range – 14 March 2023. According to DailyForex on Tuesday, 14 March, "The West Texas Intermediate (WTI) Crude Oil market has been struggling as of late, with concerns mounting about the demand for oil in the current economic climate. "

More news about Corn (ZC).

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