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Corn Futures Bearish Momentum With A 2% Fall In The Last 5 Sessions

ViaNews Editorial Team

February 12, 2024

Corn Futures Bearish Momentum With A 2% Fall In The Last 5 Sessions
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(VIANEWS) - Corn (ZC) has been up by 2.53% for the last 5 sessions. At 22:50 EST on Sunday, 11 February, Corn (ZC) is $442.25.

Volume

Today's last reported volume for Corn is 930, 99.3% below its average volume of 133790.88.

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

  • WTI crude oil weekly forecast: prices edged higher going into last weekend - 11 February 2024. According to DailyForex on Sunday, 11 February, "The move higher which started to be generated with more power on early Thursday when WTI Crude Oil was trading near the 73.580 mark was steady and remained vibrant as the week's trading finished. ", "From a fundamental viewpoint WTI Crude Oil supply remains firm and producers are working well. "

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.