Palladium Futures Over 10% Down In The Last 21 Sessions

(VIANEWS) – Palladium (PA) has been up by 10.85% for the last 21 sessions. At 14:52 EST on Tuesday, 6 August, Palladium (PA) is $864.00.

Volume

Today’s last reported volume for Palladium is 5504, 99.99% below its average volume of 3299831674.65.

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 Monday, 5 August, "At the time of writing, Crude Oil (WTI) trades at $71.61 and Brent Crude at $75.42"
  • 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.", "In the absence of any relevant US economic releases on Tuesday, fresh geopolitical developments surrounding the ongoing conflicts in the Middle East will continue to influence Crude Oil prices. "
  • According to FXStreet on Tuesday, 6 August, "Concerns about an economic downturn in the US and China - the world’s two largest economies - continue to act as a headwind for Crude Oil prices. ", "This, in turn, suggests that the path of least resistance for Crude Oil prices is to the downside and supports prospects for an extension of the downward trajectory witnessed over the past month or so."

More news about Palladium (PA).

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