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Palladium Futures Bullish Momentum With A 7% Rise In The Last 10 Sessions

(VIANEWS) – Palladium (PA) has been up by 7.48% for the last 10 sessions. At 11:52 EST on Monday, 1 July, Palladium (PA) is $970.00.

Volume

Today’s last reported volume for Palladium is 3865, 99.99% below its average volume of 3409503350.14.

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

  • According to FXStreet on Monday, 1 July, "Furthermore, expectations of a peak summer fuel consumption and OPEC+ cuts in the third quarter could lead to a global oil market supply deficit, which, in turn, is seen as a key factor acting as a tailwind for Crude Oil prices.", "This suggested that the world’s second-largest economy remains fragile, which, in turn, could cap the upside for Crude Oil prices. "

More news about Palladium (PA).

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