Corn Futures Bullish Momentum With A 3% Rise In The Last 5 Sessions

(VIANEWS) – Corn (ZC) has been up by 3.63% for the last 5 sessions. At 11:58 EST on Thursday, 25 April, Corn (ZC) is $449.25.

Volume

Today’s last reported volume for Corn is 125178, 3.6% below its average volume of 129855.44.

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

  • WTI back over $83 as crude oil sees additional volatility. According to FXStreet on Tuesday, 23 April, "West Texas Intermediate (WTI) US Crude Oil started Tuesday on the low side, falling below $81.00 per barrel before a broad-market recovery in risk appetite dragged barrel bids into a fresh high above $83.00. ", "Despite Tuesday’s late rally, US Crude Oil remains knocked off of recent gains, with WTI down around 4.5% from April’s swing highs near $87.00 per barrel. "
  • WTI explores downside but remains close to $83 as crude oil markets froth. According to FXStreet on Wednesday, 24 April, "Despite easing buying pressure in barrel markets, Crude Oil declines remain limited after US barrel counts declined on a week-on-week basis.", "West Texas Intermediate (WTI) US Crude Oil slipped back slightly on Wednesday, stumbling away from $83.50 per barrel to trade down to $82.50 as broad-market risk appetite from Tuesday evaporates in the mid-week market session. "

More news about Corn (ZC).

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