Corn Futures Bearish Momentum With A 4% Slide In The Last 5 Sessions

(VIANEWS) – Corn (ZC) has been up by 4.52% for the last 5 sessions. At 02:51 EST on Tuesday, 25 April, Corn (ZC) is $607.75.

Volume

Today’s last reported volume for Corn is 5573, 95.39% below its average volume of 121124.79.

Volatility

Corn’s last week, last month’s, and last quarter’s current intraday variation average was a negative 5.47%, a negative 2.51%, and a positive 1.55%, respectively.

Corn’s highest amplitude of average volatility was 5.47% (last week), 2.97% (last month), and 1.55% (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 Tuesday, 25 April, "Apart from the risk-off mood, which puts a floor under the US Dollar, the upbeat prices of WTI Crude Oil also weigh on the INR due to India’s reliance on energy demand and record high deficit. ", "That said, WTI Crude Oil prints mild gains around $78.80, up for the third consecutive day."

More news about Corn (ZC).

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