(VIANEWS) – Palladium (PA) has been up by 13.63% for the last 21 sessions. At 14:51 EST on Friday, 3 May, Palladium (PA) is $947.50.
Volume
Today’s last reported volume for Palladium is 4092, 99.99% below its average volume of 3453387877.9.
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, 2 May, "The Mexican Peso (MXN) trades higher in its key pairs on Thursday as market sentiment gets a lift from a combination of factors, including the US Federal Reserve’s (Fed) decision to maintain an easing bias at its policy meeting on Wednesday, and Crude Oil prices hovering close to seven-week lows.", "Lower Crude Oil prices, with WTI trading in the mid $79s, were a further positive factor for global risk sentiment as they reduce companies’ transportation and energy costs."
- Crude oil recedes post-fed, WTI tumbles below $80. According to FXStreet on Wednesday, 1 May, "This week’s EIA print represents the highest WoW Crude Oil buildup since the week ended February 9. ", "With most global markets focused on the Fed’s latest rate call, the Energy Information Administration (EIA) printed its latest week-on-week barrel counts for US Crude Oil supply. "
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