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Corn Futures Bullish Momentum With A 3% Rise In The Last 5 Sessions

Corn Futures Bullish Momentum With A 3% Rise In The Last 5 Sessions
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(VIANEWS) - Corn (ZC) has been up by 3.63% for the last 5 sessions. At 11:58 EST on Thursday, 25 April, Corn (ZC) is $449.25.

Volume

Today's last reported volume for Corn is 125178, 3.6% below its average volume of 129855.44.

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

  • WTI back over $83 as crude oil sees additional volatility. According to FXStreet on Tuesday, 23 April, "West Texas Intermediate (WTI) US Crude Oil started Tuesday on the low side, falling below $81.00 per barrel before a broad-market recovery in risk appetite dragged barrel bids into a fresh high above $83.00. ", "Despite Tuesday's late rally, US Crude Oil remains knocked off of recent gains, with WTI down around 4.5% from April's swing highs near $87.00 per barrel. "
  • WTI explores downside but remains close to $83 as crude oil markets froth. According to FXStreet on Wednesday, 24 April, "Despite easing buying pressure in barrel markets, Crude Oil declines remain limited after US barrel counts declined on a week-on-week basis.", "West Texas Intermediate (WTI) US Crude Oil slipped back slightly on Wednesday, stumbling away from $83.50 per barrel to trade down to $82.50 as broad-market risk appetite from Tuesday evaporates in the mid-week market session. "

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.