(VIANEWS) – Palladium (PA) has been up by 23.41% for the last 21 sessions. At 04:52 EST on Thursday, 18 January, Palladium (PA) is $932.50.
Volume
Today’s last reported volume for Palladium is 625, 99.99% below its average volume of 3791218945.7.
Volatility
Palladium’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.43%, a negative 0.19%, and a positive 1.74%, respectively.
Palladium’s highest amplitude of average volatility was 1.27% (last week), 1.20% (last month), and 1.74% (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 overbought (>=80).
News about
- Crude oil continues to churn on rebel attack concerns, WTI roils near $72. According to FXStreet on Tuesday, 16 January, "West Texas Intermediate (WTI) US Crude Oil roiled on Tuesday, trading into consolidation just above $72.00 per barrel as geopolitical concerns surrounding ongoing Houthi attacks on civilian cargo ships in the Red Sea continues to prop up barrel bids in fearful, uneven market action.", "Despite ongoing supply line concerns, US Crude Oil stocks remain well-supplied, and oil derivative pipelines remain healthily full."
- WTI dips to $70.60 and rebounds as geopolitical risks continue to plague crude oil markets. According to FXStreet on Wednesday, 17 January, "With Chinese growth failing to hit market expectations, concerns are mounting that China’s demand for fossil fuels will decline looking forward, widening the gap between global demand for Crude Oil and current production rates that are already outpacing demand despite steep production cuts from the Organization for the Petroleum Exporting Countries (OPEC).", "WTI’s early decline on Wednesday saw a rebound back above the 200-hour Simple Moving Average (SMA) near $72.40 as US Crude Oil heads back towards the $73.00 handle."
More news about Palladium (PA).
