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Platinum Futures Bullish Momentum With A 2% Jump In The Last 5 Sessions

(VIANEWS) – Platinum (PL) has been up by 2.54% for the last 5 sessions. At 05:54 EST on Friday, 21 June, Platinum (PL) is $990.70.

Volume

Today’s last reported volume for Platinum is 7571, 99.99% below its average volume of 7316158320.21.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 1.69%, 0.91%, and 1.29%, respectively.

Platinum’s highest amplitude of average volatility was 2.12% (last week), 1.19% (last month), and 1.29% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Platinum’s commodity is considered to be oversold (<=20).

News about

  • According to FXStreet on Wednesday, 19 June, "Going forward, the next trigger for the Oil price will be Energy Information Administration (EIA) Crude Oil Stocks Change data for the week ending June 14, which will be published on Thursday due to a holiday in US markets on account of Juneteenth."
  • Crude oil climbs again, WTI Marches toward $82 after EIA barrel count declines. According to FXStreet on Thursday, 20 June, "The Energy Information Administration (EIA) reported an unexpected decline in US Crude Oil Stocks Change for the week ended June 14. ", "West Texas Intermediate (WTI) US Crude Oil inched into fresh highs on Thursday, clipping $81.40 and continuing its march towards the $82.00 handle. "

More news about Platinum (PL).

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