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Corn Futures Bullish Momentum With A 4% Jump In The Last 5 Sessions

ViaNews Editorial Team

August 29, 2023

Corn Futures Bullish Momentum With A 4% Jump In The Last 5 Sessions
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(VIANEWS) - Corn (ZC) has been up by 4.92% for the last 5 sessions. At 11:51 EST on Tuesday, 29 August, Corn (ZC) is $495.50.

Volume

Today's last reported volume for Corn is 88818, 32.23% below its average volume of 131067.62.

Volatility

Corn's last week, last month's, and last quarter's current intraday variation average was 2.56%, 1.73%, and 5.90%, respectively.

Corn's highest amplitude of average volatility was 3.03% (last week), 2.33% (last month), and 5.90% (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: continues to show volatility - 28 August 2023. According to DailyForex on Monday, 28 August, "In summary, the WTI Crude Oil market's recent rally could potentially overshadow Jerome Powell's impact, thanks to various situational intricacies. "

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.