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Corn Futures Bearish Momentum With A 10% Drop In The Last 21 Sessions

Corn Futures Bearish Momentum With A 10% Drop In The Last 21 Sessions
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(VIANEWS) - Corn (ZC) has been up by 10.08% for the last 21 sessions. At 11:52 EST on Thursday, 18 July, Corn (ZC) is $406.00.

Volume

Today's last reported volume for Corn is 76669, 43.27% below its average volume of 135160.22.

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 extends declines on Chinese demand concerns, WTI falls below $80. According to FXStreet on Tuesday, 16 July, "WTI has extended a backslide from a recent upswing that fell just short of the $84.00 handle, and US Crude Oil prices have backslid over -5.5% peak-to-trough in July.", "The API reported yet another contraction in overall Crude Oil supply, showing a -4.44 million barrel contraction in privately counted supplies for the week ended June 12. "

More news about Corn (ZC).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.