Corn Futures Bearish By 10% In The Last 10 Sessions

(VIANEWS) – Corn (ZC) has been up by 10.46% for the last 10 sessions. At 20:51 EST on Thursday, 29 June, Corn (ZC) is $535.25.

Volume

Today’s last reported volume for Corn is 7457, 93.97% below its average volume of 123748.97.

Volatility

Corn’s last week, last month’s, and last quarter’s current intraday variation average was a negative 11.25%, a negative 7.37%, and a positive 5.74%, respectively.

Corn’s highest amplitude of average volatility was 11.25% (last week), 7.72% (last month), and 5.74% (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, 29 June, "EIA Crude Oil Stocks Change dropped -9.603 million barrels (M) for the week ended on June 23 versus -1.757M market forecasts and -3.831M previous readings."
  • WTI price analysis: WTI jumps after crude oil stocks data from the US. According to FXStreet on Wednesday, 28 June, "This surge was triggered by the EIA Crude Oil Stocks data release, which reported a significant drop in inventories that surpassed market expectations. ", "The price of WTI (West Texas Intermediate) Crude Oil experienced a notable jump, rallying from a low of $67.10 and stabilizing around $69.42, seeing more than 2% gains. "

More news about Corn (ZC).

Leave a Reply

Your email address will not be published. Required fields are marked *