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Corn Futures Bullish By 4% In The Last 10 Sessions

(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).

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