(VIANEWS) – Palladium (PA) has been up by 8.9% for the last 21 sessions. At 07:54 EST on Tuesday, 12 December, Palladium (PA) is $967.00.
Volume
Today’s last reported volume for Palladium is 59, 99.99% below its average volume of 3981645322.72.
Volatility
Palladium’s last week, last month’s, and last quarter’s current intraday variation average was 1.33%, 0.41%, and 1.44%, respectively.
Palladium’s highest amplitude of average volatility was 2.39% (last week), 1.60% (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 overbought (>=80).
News about
- According to FXStreet on Monday, 11 December, "Additionally, the market also focuses on the API Weekly Crude Oil Stock data for the week ending on December 8, which will be closely observed on Tuesday for potential market impacts."
- Crude oil: weekly forecast 10th December – 16th December – 10 December 2023. According to DailyForex on Sunday, 10 December, "Crude Oil has traded at lower values before and technical traders looking at six month and one year charts can see this clearly.WTI Crude Oil Weekly Outlook:", "However, it needs to be repeated the trend lower in WTI Crude Oil cannot be easily dismissed when near-term speculative positions are being considered. "
- According to FXStreet on Monday, 11 December, "The data was seen as a reflection of weak consumer demand, warranting caution before placing aggressive bullish bets around Crude Oil prices. ", "This, in turn, is seen as a key factor acting as a tailwind for Crude Oil prices. "
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