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Corn Futures Went Down By Over 3% In The Last 10 Sessions

ViaNews Editorial Team

January 16, 2024

Corn Futures Went Down By Over 3% In The Last 10 Sessions
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(VIANEWS) - Corn (ZC) has been up by 3.77% for the last 10 sessions. At 22:53 EST on Monday, 15 January, Corn (ZC) is $447.00.

Volume

Today's last reported volume for Corn is 7370, 94.49% below its average volume of 133876.95.

Volatility

Corn's last week, last month's, and last quarter's current intraday variation average was a negative 0.85%, a negative 0.39%, and a positive 2.47%, respectively.

Corn's highest amplitude of average volatility was 0.85% (last week), 0.77% (last month), and 2.47% (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 struggles to pick a direction as geopolitical tensions and rebel attacks mire the outlook. According to FXStreet on Monday, 15 January, "US Crude Oil has seen rough intraday trading in 2024, with barrel prices cycling in a rough channel between $74.00 and $70.50 as near-term price action sticks close to the 200-hour Simple Moving Average (SMA) near $72.50.", "West Texas Intermediate (WTI) US Crude Oil saw weakness in early Monday trading, falling to a near-term low of $71.40 before rebounding to $72.50 following a fresh rocket attack on a civilian cargo ship by Iran-backed Houthi rebels in Yemen. "

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.