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Corn Futures Bearish Momentum With A 13% Drop In The Last 10 Sessions

Corn Futures Bearish Momentum With A 13% Drop In The Last 10 Sessions
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(VIANEWS) - Corn (ZC) has been up by 13.37% for the last 10 sessions. At 02:56 EST on Friday, 7 July, Corn (ZC) is $505.25.

Volume

Today's last reported volume for Corn is 5798, 95.49% below its average volume of 128565.56.

Volatility

Corn's last week, last month's, and last quarter's current intraday variation average was a negative 16.26%, a negative 8.66%, and a positive 6.50%, respectively.

Corn's highest amplitude of average volatility was 16.26% (last week), 8.74% (last month), and 6.50% (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: oil markets show signs of consolidation - 06 July 2023. According to DailyForex on Thursday, 6 July, "In the WTI Crude Oil market, the $67.50 level is expected to provide a certain degree of support if prices start to decline. ", "The West Texas Intermediate (WTI) Crude Oil market and Brent markets experienced a notable rally during Wednesday's trading session as traders returned from the Independence Day holiday in the United States. "
  • Crude oil forecast: markets navigate holiday trading - 05 July 2023. According to DailyForex on Wednesday, 5 July, "The West Texas Intermediate (WTI) Crude Oil market experienced a minor rally during Tuesday's trading session. ", "The WTI Crude Oil market witnessed a modest rally during holiday trading, with the 50-Day EMA acting as a resistance level. "

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.