(VIANEWS) – Corn (ZC) has been up by 2.71% for the last 5 sessions. At 20:56 EST on Thursday, 23 May, Corn (ZC) is $464.75.
Volume
Today’s last reported volume for Corn is 2361, 98.21% below its average volume of 132335.83.
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, 23 May, "West Texas Intermediate (WTI) US Crude Oil is trading up over a percent at $78.01 on Thursday."
- According to FXStreet on Thursday, 23 May, "USD/CAD had been trading significantly down for the day prior to the data on the back of a mixture of higher Crude Oil prices (CAD positive), positive risk appetite (CAD positive), better-than-expected Canadian Housing data and technical chart resistance. "
- Crude oil recedes further, WTI falls below $78 on rising supplies and cautious FOMC. According to FXStreet on Wednesday, 22 May, "West Texas Intermediate (WTI) US Crude Oil declined for a third straight day on Wednesday, falling below $78.00 per barrel once again after US Crude Oil barrel counts rose week-on-week after a previous decline. ", "WTI US Crude Oil is testing down into $77.00 per barrel, extending a near-term decline from a recent peak just above $80.00 per barrel. "
- Crude oil backslides into the red on Thursday, WTI falls below $77 as diminishing rate cut hopes weigh. According to FXStreet on Thursday, 23 May, "Thursday’s bearish reversal sends WTI into the red for a fourth consecutive trading day, and US Crude Oil is extending a bearish rejection from the 200-day Exponential Moving Average (EMA) at $79.22.", "According to the American Petroleum Institute (API) and the Energy Information Administration (EIA), US Crude Oil barrel counts have risen once again week-on-week, eating away at the previous week’s declines. "
More news about Corn (ZC).
