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Corn Futures Bearish By 2% In The Last 5 Sessions

Corn Futures Bearish By 2% In The Last 5 Sessions
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(VIANEWS) - Corn (ZC) has been up by 2.9% for the last 5 sessions. At 05:51 EST on Friday, 31 May, Corn (ZC) is $451.50.

Volume

Today's last reported volume for Corn is 12864, 90.35% below its average volume of 133322.64.

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, 30 May, "At the time of writing, Crude Oil (WTI) trades at $78.32 and Brent Crude at $82.64"
  • Crude oil falls back despite supply declines ahead of anticipated opec+ meeting. According to FXStreet on Thursday, 30 May, "West Texas Intermediate (WTI) US Crude Oil backslid on Thursday, with energy markets shrugging off a sharp downturn in reported US Crude Oil stocks. ", "WTI has steepened a near-term decline from this week's early peak near $80.40, with US Crude Oil tumbling to an intraday low of $77.50 per barrel on Thursday. "
  • According to FXStreet on Wednesday, 29 May, "At the time of writing, Crude Oil (WTI) trades at $80.33 and Brent Crude at $84.62."

More news about Corn (ZC).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.