(VIANEWS) – Palladium (PA) has been up by 21.85% for the last 21 sessions. At 19:51 EST on Thursday, 18 January, Palladium (PA) is $951.50.
Volume
Today’s last reported volume for Palladium is 216, 99.99% below its average volume of 3770725881.79.
Volatility
Palladium’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.87%, a negative 0.41%, and a positive 1.75%, respectively.
Palladium’s highest amplitude of average volatility was 1.58% (last week), 1.11% (last month), and 1.75% (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
- Crude oil forecast – crude oil markets continue to be noisy – 18 January 2024. According to DailyForex on Thursday, 18 January, "In the case of WTI Crude Oil, the market saw early declines on Wednesday, reflecting the ongoing turbulence in Crude Oil prices. ", "At the end of the day, the crude oil market remains within a consolidation range, with WTI Crude Oil and Brent both navigating between support and resistance levels. "
- WTI dips to $70.60 and rebounds as geopolitical risks continue to plague crude oil markets. According to FXStreet on Wednesday, 17 January, "Lagging growth from China, steadily increasing global Crude Oil production, and a rising US Dollar (USD) saw West Texas Intermediate (WTI) US Crude Oil fall into a fresh low for the week near $70.60.", "Many private logistics companies have rerouted shipping lanes around the continent of Africa to connect Europe and Asia, limiting the potential for supply constraints, but energies markets remain determined to fear the possibility of Crude Oil supply being unable to make it to market amidst Red Sea tensions."
- According to FXStreet on Thursday, 18 January, "The American Petroleum Institute (API) reported a surprising increase in Weekly Crude Oil Stock to 0.483 million barrels for the week ending on January 12, contrary to the expected decline of 2.4 million barrels. ", "The Energy Information Administration (EIA) is set to release the Crude Oil Stocks Change report later in the North American session. "
More news about Palladium (PA).
