(VIANEWS) – Corn (ZC) has been up by 11.49% for the last 10 sessions. At 20:51 EST on Thursday, 5 September, Corn (ZC) is $410.00.
Volume
Today’s last reported volume for Corn is 3882, 97.21% below its average volume of 139601.49.
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, 5 September, "Looking ahead, traders will keep an eye on the US ISM Services PMI and weekly EIA Crude Oil stockpiles report, which are due later on Thursday. "
- Crude oil bottoms out as OPEC mulls delaying supply increase. According to FXStreet on Thursday, 5 September, "At the time of writing, Crude Oil (WTI) trades at $69.43 and Brent Crude at $73.27", "This delay appears to be the minimum needed to keep Crude Oil prices afloat at the current levels."
- Crude oil snaps below $70 as opec, libya flood supply side. According to FXStreet on Wednesday, 4 September, "At the time of writing, Crude Oil (WTI) trades at $70.40 and Brent Crude at $74.11"
- According to FXStreet on Thursday, 5 September, "The latter should act as a key pivotal point, which if cleared decisively should trigger a short-covering rally, which should allow Crude Oil prices to surpass the $72.50 intermediate resistance and aim to reclaim the $73.00 mark.", "Reports that OPEC+ is discussing delaying its oil output increase scheduled to start in October turn out to be a key factor lending some support to Crude Oil prices. "
More news about Corn (ZC).
