Palladium Futures Over 12% Up In The Last 21 Sessions

(VIANEWS) – Palladium (PA) has been up by 12.41% for the last 21 sessions. At 19:53 EST on Thursday, 21 December, Palladium (PA) is $1,204.50.

Volume

Today’s last reported volume for Palladium is 1770, 99.99% below its average volume of 3866875124.86.

Volatility

Palladium’s last week, last month’s, and last quarter’s current intraday variation average was 1.62%, 1.22%, and 1.85%, respectively.

Palladium’s highest amplitude of average volatility was 3.45% (last week), 2.63% (last month), and 1.85% (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

  • WTI looking to keep afloat above $74.00 as crude oil tries to shake off continuing supply buildup. According to FXStreet on Tuesday, 19 December, "EIA Crude Oil stocks printed a 4.259 million barrel drawdown in Crude supplies last week, and fossil bidders will be looking for the EIA’s crude barrel counts to show an additional 2.233 million count decline.", "Houthi rebels have vowed to keep up the pace of their attacks on civilian shipping vessels that pass through the Bab al-Mandeb strait, a vital shipping lane that delivers Crude Oil and goods between Asia and Europe."
  • According to FXStreet on Wednesday, 20 December, "American Petroleum Institute (API) Weekly Crude Oil Stock on the week ending on December 15, rose to 0.939M, swinging from the previous decline of 2.349M figures. ", "The US Energy Information Administration is set to release the Crude Oil Stocks Change report on Wednesday. "
  • Crude oil forecast: markets recover from lows – 20 December 2023. According to DailyForex on Wednesday, 20 December, "In the end, the Crude Oil markets are navigating treacherous waters characterized by volatility and short covering activities. ", "As we approach the holiday season, a reduction in market liquidity is anticipated, potentially amplifying the noise and volatility in Crude Oil prices. "
  • According to FXStreet on Tuesday, 19 December, "Additionally, the API Weekly Crude Oil Stock and EIA Crude Oil Stocks Change for the week ending on December 15 are scheduled for publication on Tuesday and Wednesday, respectively."

More news about Palladium (PA).

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