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Corn Futures Bullish By 4% In The Last 10 Sessions

Corn Futures Bullish By 4% In The Last 10 Sessions
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(VIANEWS) - Corn (ZC) has been up by 4.18% for the last 10 sessions. At 14:51 EST on Wednesday, 21 June, Corn (ZC) is $629.50.

Volume

Today's last reported volume for Corn is 236736, 88.62% above its average volume of 125505.49.

Volatility

Corn's last week, last month's, and last quarter's current intraday variation average was a negative 5.06%, a negative 4.73%, and a positive 4.90%, respectively.

Corn's highest amplitude of average volatility was 5.06% (last week), 5.77% (last month), and 4.90% (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: markets consolidate amid uncertainty - 20 June 2023. According to DailyForex on Tuesday, 20 June, "The Brent Crude Oil market also demonstrated oscillatory behavior during Monday's trading session, approaching the 50-Day EMA. "
  • According to FXStreet on Wednesday, 21 June, "On the flip side, weakness back below the Asian session low, around the $70.80 area, could drag Crude Oil prices towards the $70.00 psychological mark. ", "A sustained strength beyond will confirm the bullish double-bottom pattern and allow WTI Crude Oil price to reclaim the $74.00 mark. "

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.