Palladium Futures Over 13% Up In The Last 21 Sessions

(VIANEWS) – Palladium (PA) has been up by 13.19% for the last 21 sessions. At 13:52 EST on Wednesday, 20 December, Palladium (PA) is $1,218.50.

Volume

Today’s last reported volume for Palladium is 744, 99.99% below its average volume of 3910225729.18.

Volatility

Palladium’s last week, last month’s, and last quarter’s current intraday variation average was 4.56%, 1.03%, and 1.80%, respectively.

Palladium’s highest amplitude of average volatility was 6.39% (last week), 2.52% (last month), and 1.80% (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 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."
  • 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, "Even with rebel attacks on tankers sending jitters through energies markets, the upside remains frustratingly elusive for Crude Oil prices, with WTI managing to hold onto the $74.00 handle but little more as crude barrel reserves continue to build up at a much faster pace than oil traders had predicated earlier in the year.", "West Texas Intermediate (WTI) is struggling to develop topside momentum even as Crude Oil supply lines see a slight constraint after several firms have temporarily suspended sending Crude oil shipments through the Red Sea shipping lane after several vessels were attacked by Houthi rebels in Yemen."
  • 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. "

More news about Palladium (PA).

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