(VIANEWS) – Corn (ZC) has been up by 3.69% for the last 10 sessions. At 16:50 EST on Wednesday, 6 March, Corn (ZC) is $429.00.
Volume
Today’s last reported volume for Corn is 119248, 8.67% below its average volume of 130580.48.
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
- Crude oil slips further, WTI tests below $78.00 as OPEC cuts fail to spark rally. According to FXStreet on Tuesday, 5 March, "Tuesday’s WTI decline sees US Crude Oil prices testing back into the 200-day SMA at $77.80, and WTI is slumping back into rough technical consolidation. ", "US Crude Oil is finding near-term technical support at the $77.50 level, and barrel bids are testing on the low side of $78.00 per barrel."
- Crude oil falls, WTI back below $79.00 and threatens to sink back into congestion. According to FXStreet on Monday, 4 March, "Key non-OPEC Crude Oil producers, specifically the US, have continued to outperform market expectations. ", "The US is producing record amounts of Crude Oil, and US Crude oIl stocks have been swamping refinery supply lines recently, keeping topside Crude Oil momentum limited."
- According to FXStreet on Wednesday, 6 March, "The US API Weekly Crude Oil Stock data reported build-in stockpiles of 0.423 million barrels for the week ending on March 1, contrary to market expectations of a decrease to 2.6 million barrels from the previous 8.428 million barrels. ", "Traders will now turn their attention to the US EIA Crude Oil Stocks Change report, scheduled for release on Wednesday, with market expectations leaning towards a reduction in the number of barrels in stock of crude oil and its derivatives."
More news about Corn (ZC).
