Corn Futures Bearish Momentum With A 13% Drop In The Last 10 Sessions

(VIANEWS) – Corn (ZC) has been up by 13.37% for the last 10 sessions. At 02:56 EST on Friday, 7 July, Corn (ZC) is $505.25.

Volume

Today’s last reported volume for Corn is 5798, 95.49% below its average volume of 128565.56.

Volatility

Corn’s last week, last month’s, and last quarter’s current intraday variation average was a negative 16.26%, a negative 8.66%, and a positive 6.50%, respectively.

Corn’s highest amplitude of average volatility was 16.26% (last week), 8.74% (last month), and 6.50% (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 oversold (<=20).

News about

  • Crude oil forecast: oil markets show signs of consolidation – 06 July 2023. According to DailyForex on Thursday, 6 July, "In the WTI Crude Oil market, the $67.50 level is expected to provide a certain degree of support if prices start to decline. ", "The West Texas Intermediate (WTI) Crude Oil market and Brent markets experienced a notable rally during Wednesday’s trading session as traders returned from the Independence Day holiday in the United States. "
  • Crude oil forecast: markets navigate holiday trading – 05 July 2023. According to DailyForex on Wednesday, 5 July, "The West Texas Intermediate (WTI) Crude Oil market experienced a minor rally during Tuesday’s trading session. ", "The WTI Crude Oil market witnessed a modest rally during holiday trading, with the 50-Day EMA acting as a resistance level. "

More news about Corn (ZC).

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