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Corn Futures Bullish Momentum With A 3% Jump In The Last 10 Sessions

Corn Futures Bullish Momentum With A 3% Jump In The Last 10 Sessions
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(VIANEWS) - Corn (ZC) has been up by 3.58% for the last 10 sessions. At 11:50 EST on Thursday, 9 May, Corn (ZC) is $455.75.

Volume

Today's last reported volume for Corn is 108791, 17.86% below its average volume of 132447.68.

Volatility

Corn's last week, last month's, and last quarter's current intraday variation average was a negative 0.79%, a negative 0.33%, and a positive 2.49%, respectively.

Corn's highest amplitude of average volatility was 0.79% (last week), 0.69% (last month), and 2.49% (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 Wednesday, 8 May, "The underlying bullish tone around the US Dollar (USD) might continue to weigh on Crude Oil prices"
  • According to FXStreet on Tuesday, 7 May, "However, battered Crude Oil markets and floundering barrel prices limit the CAD's ability to find higher ground."
  • According to FXStreet on Wednesday, 8 May, "Oil traders will shift their focus to the US Crude Oil Stocks Change due later on Wednesday. "

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.