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Corn Futures Slides By 8% In The Last 21 Sessions

Corn Futures Slides By 8% In The Last 21 Sessions
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(VIANEWS) - Corn (ZC) has been up by 8.88% for the last 21 sessions. At 23:58 EST on Tuesday, 23 May, Corn (ZC) is $579.50.

Volume

Today's last reported volume for Corn is 4999, 95.85% below its average volume of 120458.61.

Volatility

Corn's last week, last month's, and last quarter's current intraday variation average was a positive 0.28%, a negative 5.73%, and a positive 3.51%, respectively.

Corn's highest amplitude of average volatility was 1.12% (last week), 6.20% (last month), and 3.51% (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

  • According to FXStreet on Monday, 22 May, "It should be noted that WTI Crude Oil began the week on a negative note before bouncing off $70.65 to end the day on a positive side around $72.15."
  • Crude oil forecast: kicks off the week with consolidation - 23 May 2023. According to DailyForex on Tuesday, 23 May, "TL; DR: the WTI Crude Oil and Brent markets are currently consolidating and showing signs of uncertainty. "
  • According to FXStreet on Monday, 22 May, "Support from a weakening US Dollar, however, lifts Crude Oil back up to Friday's close after the weak open.", "At the time of writing, WTI Oil is trading in the upper $71s and Brent Crude Oil in the mid $75s."

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.