Palladium Futures Bearish By 8% In The Last 21 Sessions

(VIANEWS) – Palladium (PA) has been up by 8.83% for the last 21 sessions. At 05:53 EST on Wednesday, 7 August, Palladium (PA) is $872.00.

Volume

Today’s last reported volume for Palladium is 836, 99.99% below its average volume of 3284295755.46.

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).

Previous days news about Palladium (PA)

  • Palladium price today: palladium falls, according to fxstreet data. According to FXStreet on Monday, 5 August, "The Gold/Palladium ratio, which shows the number of ounces of Palladium needed to equal the value of one ounce of Gold, stood at 2.79 on Monday, up from 2.72 on Friday."

News about

  • According to FXStreet on Tuesday, 6 August, "This, in turn, is holding back traders from placing aggressive bullish bets around Crude Oil prices and keeping a lid on any meaningful appreciating move.", "Apart from this, subdued US Dollar (USD) price action, amid rising bets for a bigger interest rate cut by the Federal Reserve (Fed), turn out to be key factors acting as a tailwind for Crude Oil prices."

More news about Palladium (PA).

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