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

Corn Futures Bullish Momentum With A 4% Rise In The Last 5 Sessions
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(VIANEWS) - Corn (ZC) has been up by 4.63% for the last 5 sessions. At 23:54 EST on Monday, 8 April, Corn (ZC) is $446.25.

Volume

Today's last reported volume for Corn is 3341, 97.48% below its average volume of 132785.6.

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 forecast: continues to power higher - 08 April 2024. According to DailyForex on Monday, 8 April, "The West Texas Intermediate Crude Oil market initially pulled back during the day on Friday as we were waiting for the jobs number. ", "At this point, I fully anticipate that the WTI Crude Oil marketers looking to the $87.50 level next, followed by the $90 level above."
  • According to FXStreet on Monday, 8 April, "The optimism is being fueled by positive economic data from China - the world's top importer - and supports prospects for the emergence of some dip-buying around Crude Oil prices.", "Apart from this, the OPEC+ clampdown on some countries to increase compliance with output cuts, along with a strong demand outlook, acts as a tailwind for Crude Oil prices. "

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.