Palladium Futures Bearish Momentum With A 5% Drop In The Last 10 Sessions

(VIANEWS) – Palladium (PA) has been up by 5.72% for the last 10 sessions. At 05:53 EST on Friday, 26 May, Palladium (PA) is $1,441.50.

Volume

Today’s last reported volume for Palladium is 540, 99.99% below its average volume of 4669238118.32.

Volatility

Palladium’s last week, last month’s, and last quarter’s current intraday variation average was a negative 2.65%, a negative 0.67%, and a positive 2.09%, respectively.

Palladium’s highest amplitude of average volatility was 2.65% (last week), 2.09% (last month), and 2.09% (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 overbought (>=80).

News about

  • According to FXStreet on Thursday, 25 May, "That said, the EIA Crude Oil Stocks Change came in at -12.456M versus 0.775M market forecasts and 5.04M previous readings."
  • Crude oil forecast: finding its summer range – 24 May 2023. According to DailyForex on Wednesday, 24 May, "Ultimately, the WTI Crude Oil and Brent markets are navigating a volatile landscape as they attempt to establish summer ranges. "
  • Crude oil forecast: looks ready to have a short-term rally – 25 May 2023. According to DailyForex on Thursday, 25 May, "To summarize, the WTI Crude Oil and Brent markets demonstrated strength and the potential for upward movement. "

More news about Palladium (PA).

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