(VIANEWS) – Corn (ZC) has been up by 3.41% for the last 5 sessions. At 11:56 EST on Thursday, 5 October, Corn (ZC) is $492.25.
Volume
Today’s last reported volume for Corn is 79097, 37.41% below its average volume of 126376.69.
Volatility
Corn’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.13%, a positive 1.10%, and a positive 3.44%, respectively.
Corn’s highest amplitude of average volatility was 1.23% (last week), 1.64% (last month), and 3.44% (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: markets face hesitation amid production cuts – 03 October 2023. According to DailyForex on Tuesday, 3 October, "The West Texas Intermediate Crude Oil market tried to rally on Monday but couldn’t sustain its gains, similar to Friday’s performance. "
- According to DailyForex on Tuesday, 3 October, "Support for the USD/CAD Near 1.37200 Should be Monitored by Traders in the Short-TermEven though the price of Crude Oil remains within sight of 90.00 USD per barrel, this has not helped the USD/CAD create bearish momentum. "
- WTI sees minor recovery for Tuesday as supply constraints remain a concern, crude oil trying to reclaim $88.50. According to FXStreet on Tuesday, 3 October, "West Texas Intermediary (WTI) Crude Oil barrel prices staged a mild rally to recover the $88.50 level after finishing a week-long plunge into three-week lows as broad-market risk aversion sent market participants fleeing into safe havens.", "US Crude Oil prices stretched to ten-month peaks as global oil production is set to undersupply global demand."
- According to FXStreet on Wednesday, 4 October, "West Texas Intermediary (WTI) Crude Oil prices struggle to capitalize on the overnight bounce from a three-week low - levels just below the $87.00/barrel mark and edges lower during the Asian session on Wednesday. ", "The weekly inventory data published by the American Petroleum Institute (API) on Tuesday showed that US Crude Oil stockpiles possibly fell as much as 4.0 million barrels last week. "
More news about Corn (ZC).
