(VIANEWS) – Palladium (PA) has been up by 4.64% for the last 5 sessions. At 07:51 EST on Monday, 5 February, Palladium (PA) is $934.50.
Volume
Today’s last reported volume for Palladium is 708, 99.99% below its average volume of 3811935998.65.
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
- WTI crude oil weekly forecast: mid-term support challenged as risks escalate – 04 February 2024. According to DailyForex on Sunday, 4 February, "A move above the 73.000 level that is sustained early tomorrow would show some nervousness has been delivered, but WTI Crude Oil will have to penetrate the 74.000 and 75.000 USD levels to prove that a change has started to take place in the outlook of large players again. ", "Day traders need to understand plenty of supply in WTI Crude Oil still exists and as of yet a credible threat to supply of the commodity has not occurred. "
- Crude oil forecast: crude falls after NFP jobs number surprises – 05 February 2024. According to DailyForex on Monday, 5 February, "The West Texas Intermediate Crude Oil Market has been particularly affected by this downward trend. "
- According to FXStreet on Monday, 5 February, "West Texas Intermediate (WTI) US Crude Oil prices extend last week’s rejection slide from the 100-day Simple Moving Average (SMA), around the $79.20 area, or the YTD peak, and drift lower for the fourth successive day on Monday. ", "This continues to act as a tailwind for the US Dollar (USD) and turns out to be a key factor undermining demand for dollar-denominated commodities, including Crude Oil prices. "
More news about Palladium (PA).
