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Corn Futures Falls By 8% In The Last 21 Sessions

Corn Futures Falls By 8% In The Last 21 Sessions
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(VIANEWS) - Corn (ZC) has been up by 8.07% for the last 21 sessions. At 11:56 EST on Wednesday, 9 August, Corn (ZC) is $495.50.

Volume

Today's last reported volume for Corn is 66027, 48.78% below its average volume of 128928.8.

Volatility

Corn's last week, last month's, and last quarter's current intraday variation average was a positive 1.74%, a negative 2.43%, and a positive 6.11%, respectively.

Corn's highest amplitude of average volatility was 1.74% (last week), 5.07% (last month), and 6.11% (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: bullish momentum amid supply tightening - 07 August 2023. According to DailyForex on Monday, 7 August, "The West Texas Intermediate Crude Oil market displayed notable strength during Friday's trading session, as it rallied in an attempt to break above the crucial $82.50 resistance level.", "​​Both WTI Crude Oil and Brent markets are showing bullish momentum, driven by the possibility of tightening oil supply through Saudi Arabia's production cuts."
  • According to FXStreet on Tuesday, 8 August, "Also, the EIA Crude Oil Stocks Change for the week ending August 4 will be released. "

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.