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

(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).

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