(VIANEWS) – Corn (ZC) has been up by 7.91% for the last 21 sessions. At 13:53 EST on Tuesday, 16 January, Corn (ZC) is $442.50.
Volume
Today’s last reported volume for Corn is 131854, 0.61% below its average volume of 132676.31.
Volatility
Corn’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.85%, a negative 0.39%, and a positive 2.47%, respectively.
Corn’s highest amplitude of average volatility was 0.85% (last week), 0.77% (last month), and 2.47% (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 struggles to pick a direction as geopolitical tensions and rebel attacks mire the outlook. According to FXStreet on Monday, 15 January, "West Texas Intermediate (WTI) US Crude Oil saw weakness in early Monday trading, falling to a near-term low of $71.40 before rebounding to $72.50 following a fresh rocket attack on a civilian cargo ship by Iran-backed Houthi rebels in Yemen. ", "Ongoing energy market concerns continue to fret about potential supply chain disruptions, and the potential for production cuts from the Organization of the Petroleum Exporting Countries to take a bite out of global energy markets’ ability to meet fossil fuel demand, but record Crude Oil production from key non-OPEC countries such as the US and a massive buildup in petroleum gasoline and other Crude Oil derivatives are hampering barrel traders’ efforts to drive up Crude Oil costs."
More news about Corn (ZC).
