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Corn Futures Falls By 8% In The Last 21 Sessions

(VIANEWS) – Corn (ZC) has been up by 8.07% for the last 21 sessions. At 11:56 EST on Wednesday, 9 August, Corn (ZC) is $495.50.

Volume

Today’s last reported volume for Corn is 66027, 48.78% below its average volume of 128928.8.

Volatility

Corn’s last week, last month’s, and last quarter’s current intraday variation average was a positive 1.74%, a negative 2.43%, and a positive 6.11%, respectively.

Corn’s highest amplitude of average volatility was 1.74% (last week), 5.07% (last month), and 6.11% (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: bullish momentum amid supply tightening – 07 August 2023. According to DailyForex on Monday, 7 August, "The West Texas Intermediate Crude Oil market displayed notable strength during Friday’s trading session, as it rallied in an attempt to break above the crucial $82.50 resistance level.", "​​Both WTI Crude Oil and Brent markets are showing bullish momentum, driven by the possibility of tightening oil supply through Saudi Arabia’s production cuts."
  • According to FXStreet on Tuesday, 8 August, "Also, the EIA Crude Oil Stocks Change for the week ending August 4 will be released. "

More news about Corn (ZC).

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