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Corn Futures Bearish Momentum With A 5% Fall In The Last 10 Sessions

(VIANEWS) – Corn (ZC) has been up by 5.14% for the last 10 sessions. At 01:56 EST on Wednesday, 17 January, Corn (ZC) is $442.75.

Volume

Today’s last reported volume for Corn is 5384, 95.93% below its average volume of 132373.15.

Volatility

Corn’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.25%, a negative 0.38%, and a positive 2.50%, respectively.

Corn’s highest amplitude of average volatility was 1.25% (last week), 0.78% (last month), and 2.50% (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 overbought (>=80).

News about

  • Crude oil continues to churn on rebel attack concerns, WTI roils near $72. According to FXStreet on Tuesday, 16 January, "November’s increase in Canadian Crude Oil production makes Canada the fourth-largest producer of barrels globally.", "WTI is up a scant 5.7% from December’s bottom bids near $67.97, and limited topside recovery sees US Crude Oil still down nearly 24% from last September’s peak bids near $94.00."

More news about Corn (ZC).

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