Palladium Futures Over 15% Up In The Last 21 Sessions

(VIANEWS) – Palladium (PA) has been up by 15.26% for the last 21 sessions. At 11:52 EST on Thursday, 19 September, Palladium (PA) is $1,091.50.

Volume

Today’s last reported volume for Palladium is 3900, 99.99% below its average volume of 3167958469.26.

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 slides below $70 ahead of vital fed meeting. According to FXStreet on Wednesday, 18 September, "Expect to see Crude Oil rally under the assumption that demand and growth will pick up again if the Fed delivers that ultra-dovish message without spooking the markets.", "At the time of writing, Crude Oil (WTI) trades at $69.51and Brent Crude at $72.72."
  • According to FXStreet on Thursday, 19 September, "Additionally, WTI Oil prices may have found support after the US Energy Information Administration (EIA) reported a larger-than-expected decline in Crude Oil Stocks Change, which dropped by 1.63 million barrels to 417.5 million, far exceeding the forecasted 0.1 million-barrel draw for the week ending September 13. "
  • According to FXStreet on Thursday, 19 September, "This, along with the emergence of fresh US Dollar (USD) selling, turn out to be key factors pushing Crude Oil prices higher. ", "Adding to this, lingering concerns about weak global demand might cap any further appreciating move for Crude Oil prices. "

More news about Palladium (PA).

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