Palladium Futures Over 13% Down In The Last 21 Sessions

(VIANEWS) – Palladium (PA) has been up by 13.58% for the last 21 sessions. At 17:50 EST on Thursday, 13 June, Palladium (PA) is $891.00.

Volume

Today’s last reported volume for Palladium is 4086, 99.99% below its average volume of 3376497484.41.

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

  • Crude oil rally stumbles after fed leans away from rate cuts, WTI falls back below $78. According to FXStreet on Wednesday, 12 June, "West Texas Intermediate (WTI) US Crude Oil rose through Wednesday’s early trading, hitting a fresh June high near $79.00 per barrel before slumping back below $78.00 after the Energy Information Administration (EIA) reported another buildup in US Crude Oil supplies coupled with another Federal Reserve (Fed) rate hold.", "The Energy Information Administration (EIA) reported another unexpected buildup in US Crude Oil Stocks Change for the week ended June 7, adding 3.73 million barrels to the previous week’s 1.233 million, washing out the forecast contraction of -1.55 million."
  • According to FXStreet on Wednesday, 12 June, "At the time of writing, Crude Oil (WTI) trades at $78.28 and Brent Crude at $82.36"
  • 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.", "API Crude Oil stocks for the week ended June 7 contracted by 2.428 million barrels, steeper than the forecast -1.75 million drawdown and helping to eat away at the previous week’s 4.052 million barrel buildup."

More news about Palladium (PA).

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