Corn Futures Bullish Momentum With A 4% Jump In The Last 10 Sessions

(VIANEWS) – Corn (ZC) has been up by 4.45% for the last 10 sessions. At 11:56 EST on Thursday, 11 April, Corn (ZC) is $445.75.

Volume

Today’s last reported volume for Corn is 86188, 33.38% below its average volume of 129390.87.

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 Thursday, 11 April, "This, along with speeches by influential FOMC members, should drive the USD demand and provide some impetus to the US Dollar-denominated commodities, including Crude Oil prices.", "This, in turn, is expected to hamper economic activity and further dent fuel consumption, warranting some caution before positioning for any further appreciating move for Crude Oil prices."

More news about Corn (ZC).

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