Headlines

Palladium Futures Bearish By 3% In The Last 10 Sessions

(VIANEWS) – Palladium (PA) has been up by 3.72% for the last 10 sessions. At 05:50 EST on Friday, 24 March, Palladium (PA) is $1,410.50.

Volume

Today’s last reported volume for Palladium is 144, 99.99% below its average volume of 4940397675.44.

Volatility

Palladium’s last week, last month’s, and last quarter’s current intraday variation average was 2.83%, 1.47%, and 2.18%, respectively.

Palladium’s highest amplitude of average volatility was 2.83% (last week), 2.50% (last month), and 2.18% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Palladium’s commodity is considered to be oversold (<=20).

News about

  • According to FXStreet on Wednesday, 22 March, "Also important to watch is the weekly Crude Oil inventory data from the US Energy Information Administration (EIA), up for publishing on Wednesday and expected -1.448M versus 1.55M prior.", "December 2022 low near $70.30 precedes a two-week-old descending resistance line, around $71.40, to restrict Crude Oil upside."
  • Crude oil forecast: continues to attempt a recovery – 23 March 2023. According to DailyForex on Thursday, 23 March, "The West Texas Intermediate (WTI) Crude Oil market experienced modest gains during Wednesday’s trading session, as market participants awaited the results of the FOMC meeting. "
  • According to Zacks on Wednesday, 22 March, "The ProShares Ultra Bloomberg Crude Oil ETF (UCO Quick QuoteUCO – Free Report) last week reported a daily inflow of $158 million, the second-largest amount the fund has pulled in over a single day, according to data going back to 2008, per a Bloomberg article, as quoted on Yahoo Finance. "
  • According to FXStreet on Wednesday, 22 March, "Weekly Mortgage Applications and EIA Crude Oil Stock Change will be the only data featured in the US economic docket."

More news about Palladium (PA).

Leave a Reply

Your email address will not be published. Required fields are marked *