Palladium Futures Went Up By Over 2% In The Last 5 Sessions

(VIANEWS) – Palladium (PA) has been up by 2.92% for the last 5 sessions. At 17:52 EST on Tuesday, 14 May, Palladium (PA) is $986.00.

Volume

Today’s last reported volume for Palladium is 4067, 99.99% below its average volume of 3498417016.75.

Volatility

Palladium’s last week, last month’s, and last quarter’s current intraday variation average was 0.87%, 0.39%, and 1.89%, respectively.

Palladium’s highest amplitude of average volatility was 2.22% (last week), 1.50% (last month), and 1.89% (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 recovers on Monday, but stuck in familiar territory as WTI grApples with $79. According to FXStreet on Monday, 13 May, "According to the Energy Information Administration (EIA), US Crude Oil production in the Permian Basin is set to rise to its highest levels of barrel output since December of last year. ", "Israel’s refusal to accept a ceasefire deal are putting a floor beneath Crude Oil prices as investors remain wary of a potential spillover into neighboring regions crucial to global Crude Oil supply."
  • According to FXStreet on Monday, 13 May, "At the time of writing, Crude Oil (WTI) trades at $78.06 and Brent Crude at $82.70."
  • According to FXStreet on Tuesday, 14 May, "Additionally, attention will be on the API Weekly Crude Oil Stock report, which will provide comprehensive data on total US and regional refinery operations and the production of major petroleum products."

More news about Palladium (PA).

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