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Palladium Futures Bearish Momentum With A 10% Drop In The Last 21 Sessions

(VIANEWS) – Palladium (PA) has been up by 10.51% for the last 21 sessions. At 05:50 EST on Wednesday, 25 October, Palladium (PA) is $1,124.00.

Volume

Today’s last reported volume for Palladium is 473, 99.99% below its average volume of 4122838232.45.

Volatility

Palladium’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.08%, a negative 0.16%, and a positive 1.44%, respectively.

Palladium’s highest amplitude of average volatility was 1.21% (last week), 1.50% (last month), and 1.44% (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

  • WTI crude oil goes red for Monday, heading for $85 per barrel. According to FXStreet on Monday, 23 October, "West Texas Intermediary (WTI) Crude Oil prices are seeing declines in the early trading week as market fears over Middle East geopolitical tensions spilling over and negatively impacting Crude Oil supply are beginning to subside.", "WTI Crude Oil prices are falling back into the 50-day Simple Moving Average (SMA) near $85.50, slipping from the last swing high into $89.64."

More news about Palladium (PA).

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