Corn Futures Went Down By Over 18% In The Last 21 Sessions

(VIANEWS) – Corn (ZC) has been up by 18.36% for the last 21 sessions. At 11:56 EST on Monday, 17 July, Corn (ZC) is $509.00.

Volume

Today’s last reported volume for Corn is 105282, 19.85% below its average volume of 131366.94.

Volatility

Corn’s last week, last month’s, and last quarter’s current intraday variation average was a negative 13.88%, a negative 10.08%, and a positive 7.22%, respectively.

Corn’s highest amplitude of average volatility was 13.88% (last week), 10.08% (last month), and 7.22% (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: oil markets navigate volatile terrain amid technical indicators – 17 July 2023. According to DailyForex on Monday, 17 July, "Ultimately, the Crude Oil markets, encompassing WTI and Brent, have encountered volatility as they retraced from the 200-Day EMA levels. "
  • According to FXStreet on Monday, 17 July, "This, along with the resumption of production in Libya, drags Crude Oil prices away from the highest level since April, which, undermines the commodity-linked Loonie and acts as a tailwind for the USD/CAD pair. "

More news about Corn (ZC).

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