Palladium Futures Over 4% Down In The Last 10 Sessions

(VIANEWS) – Palladium (PA) has been up by 4.64% for the last 10 sessions. At 23:51 EST on Thursday, 24 August, Palladium (PA) is $1,244.50.

Volume

Today’s last reported volume for Palladium is 124, 99.99% below its average volume of 4306075364.24.

Volatility

Palladium’s last week, last month’s, and last quarter’s current intraday variation average was 1.80%, 0.73%, and 1.59%, respectively.

Palladium’s highest amplitude of average volatility was 1.80% (last week), 1.64% (last month), and 1.59% (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 forecast: takes a slight dip on Tuesday – 23 August 2023. According to DailyForex on Wednesday, 23 August, "The West Texas Intermediate Crude Oil market seems to be in a holding pattern just above the 200-Day EMA, with the 50-Day EMA lurking below. "
  • According to FXStreet on Thursday, 24 August, "In the meantime, the weaker-than-expected Canadian Retail Sales figures released the previous day, along with softer Crude Oil prices, could undermine the commodity-linked Loonie and lend some support to spot prices. "

More news about Palladium (PA).

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