Corn Futures Went Up By Over 2% In The Last 5 Sessions

(VIANEWS) – Corn (ZC) has been up by 2.35% for the last 5 sessions. At 13:52 EST on Friday, 1 March, Corn (ZC) is $424.25.

Volume

Today’s last reported volume for Corn is 103441, 19.66% below its average volume of 128759.92.

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, 29 February, "Additionally, the EIA Crude Oil stockpiles came in weaker-than-expected, rising by 4.199 million barrels last week from 3.514 million barrels prior. "
  • According to FXStreet on Wednesday, 28 February, "American Petroleum Institute (API) revealed that Weekly Crude Oil Stock increased to 8.428 million barrels for the week ending on February 23, from the previous 7.168 million barrels. ", "Furthermore, the US Energy Information Administration (EIA) is expected to report a decline in the Crude Oil Stocks Change on Wednesday."
  • Crude oil monthly forecast: March 2024 – 29 February 2024. According to DailyForex on Thursday, 29 February, "The West Texas Intermediate Crude Oil market has been more of a "buy on the dip" market during the month of February, and as I write this article at the end of the month, it’s currently testing the 50-Week EMA. ", "As per usual, the Brent Crude Oil market, or the UK Oil market if you are using CFDs, is following right along with WTI Crude Oil. "

More news about Corn (ZC).

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