Corn Futures Went Up By Over 6% In The Last 10 Sessions

(VIANEWS) – Corn (ZC) has been up by 6.68% for the last 10 sessions. At 11:55 EST on Tuesday, 30 May, Corn (ZC) is $595.25.

Volume

Today’s last reported volume for Corn is 86890, 30.86% below its average volume of 125675.91.

Volatility

Corn’s last week, last month’s, and last quarter’s current intraday variation average was a positive 1.47%, a negative 4.43%, and a positive 3.53%, respectively.

Corn’s highest amplitude of average volatility was 1.47% (last week), 5.29% (last month), and 3.53% (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

  • According to FXStreet on Tuesday, 30 May, "Moving on, the weekly prints of the American Petroleum Institute’s (API) Crude Oil Stock data, prior -6.79M, as well as the US Conference Boards’ (CB) Consumer Confidence prints for May, will direct intraday moves of the WTI crude oil."
  • According to FXStreet on Monday, 29 May, "At the time of writing, WTI Oil is trading in the mid $72s and Brent Crude Oil in the mid $76s."
  • Crude oil forecast: continues to look for direction – 30 May 2023. According to DailyForex on Tuesday, 30 May, "The West Texas Intermediate (WTI) Crude Oil market exhibited a slightly negative tone during Monday’s trading session, but it’s important to note that it was Memorial Day, resulting in limited activity dominated by electronic trading. ", "In conclusion, the WTI Crude Oil market faced some negativity during Monday’s session, while the Brent market initially attempted a rally but turned negative as well. "

More news about Corn (ZC).

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