Palladium Futures Over 12% Up In The Last 21 Sessions

(VIANEWS) – Palladium (PA) has been up by 12.49% for the last 21 sessions. At 11:55 EST on Thursday, 12 September, Palladium (PA) is $1,035.50.

Volume

Today’s last reported volume for Palladium is 6592, 99.99% below its average volume of 3188228730.31.

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 Thursday, 12 September, "EIA data showed that Crude Oil Stocks rose by 0.833 million barrels for the week ending September 6, slightly below the forecasted increase of 0.9 million barrels."
  • According to Zacks on Wednesday, 11 September, "Against this backdrop, investors can keep a close tab on the inverse leveraged oil ETFs like ProShares UltraShort Bloomberg Crude Oil (SCO Quick QuoteSCO – Free Report) and MicroSectors Energy 3X Inverse Leveraged ETNs (WTID Quick QuoteWTID) . "
  • Crude oil eases slightly ahead of OPEC monthly report. According to FXStreet on Tuesday, 10 September, "At the time of writing, Crude Oil (WTI) trades at $67.37 and Brent Crude at $70.95"

More news about Palladium (PA).

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