(VIANEWS) – Palladium (PA) has been up by 10.81% for the last 21 sessions. At 22:54 EST on Friday, 15 December, Palladium (PA) is $1,194.50.
Volume
Today’s last reported volume for Palladium is 8352, 99.99% below its average volume of 3854056735.07.
Volatility
Palladium’s last week, last month’s, and last quarter’s current intraday variation average was 2.62%, 0.48%, and 1.52%, respectively.
Palladium’s highest amplitude of average volatility was 2.62% (last week), 1.67% (last month), and 1.52% (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
- Crude oil continues recovery rebound, WTI reclaims $72.50. According to FXStreet on Thursday, 14 December, "Despite this, Energy Information Administration (EIA) barrel counts unexpectedly declined this week, with a 4.259 million barrel drawdown in US Crude Oil reserves for the week ended December 8. ", "With the Fed adjusting their dot plot of interest rate expectations to include several rate cuts in 2024 broader market sentiment is on the high side, dragging WTI back above the $70.00 handle, but bearish pressure has been building into Crude Oil markets since falling from late September’s highs just below the $94.00 handle."
- According to FXStreet on Wednesday, 13 December, "The Canadian Dollar (CAD) is moderately bid on Wednesday, gaining support from a thin but noticeable relief rally in Crude Oil markets. "
- Crude oil forecast: loses again – 13 December 2023. According to DailyForex on Wednesday, 13 December, "The West Texas Intermediate (WTI) Crude Oil market exhibited strong bearish sentiment during Tuesday’s session, mirroring the prevailing negative pressure. "
More news about Palladium (PA).
