Palladium Futures Over 11% Down In The Last 21 Sessions

(VIANEWS) – Palladium (PA) has been up by 11.12% for the last 21 sessions. At 02:50 EST on Wednesday, 12 June, Palladium (PA) is $899.50.

Volume

Today’s last reported volume for Palladium is 273, 99.99% below its average volume of 3419531252.03.

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, 10 June, "At the time of writing, Crude Oil (WTI) trades at $75.54 and Brent Crude at $79.80"
  • Crude oil extends recovery on renewed supply hopes, WTI breaches $77.50. According to FXStreet on Monday, 10 June, "US Crude Oil is up over 3% on Monday, seeing its best single-day performance since early January as WTI bids cross back over $77.50 per barrel. ", "The API dishes out their latest Weekly Crude Oil Stocks for the week ended July 7 on Tuesday, followed by the EIA’s Crude Oil Stocks Change for the same period on Wednesday."
  • According to FXStreet on Tuesday, 11 June, " Meanwhile, Crude Oil prices edge lower as OPEC ministers said that they would not increase supply if prices remained weak. "
  • Crude oil at risk of snapping recovery streak as markets head towards Wednesday’s fed showing. According to FXStreet on Tuesday, 11 June, "Week-on-week Crude Oil Stocks Change counts from the Energy Information Administration (EIA) are due on Wednesday, but will likely get drowned out by a high-impact Fed showing and an update to US Consumer Price Index (CPI) inflation.", "West Texas Intermediate (WTI) US Crude Oil failed to extend an ongoing recovery on the back of renewed hopes of a global supply drawdown. "

More news about Palladium (PA).

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