Palladium Futures Is 6% Up In The Last 10 Sessions

(VIANEWS) – Palladium (PA) has been up by 6.8% for the last 10 sessions. At 08:52 EST on Wednesday, 15 May, Palladium (PA) is $1,005.50.

Volume

Today’s last reported volume for Palladium is 1810, 99.99% below its average volume of 3480959851.78.

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

  • According to FXStreet on Wednesday, 15 May, "For the week ending May 10, the API Weekly Crude Oil Stock dropped 3.104 million barrels, significantly exceeding the forecasted 1.35 million-barrel decline. "
  • According to FXStreet on Tuesday, 14 May, "Additionally, attention will be on the API Weekly Crude Oil Stock report, which will provide comprehensive data on total US and regional refinery operations and the production of major petroleum products."
  • Crude oil recovers on Monday, but stuck in familiar territory as WTI grApples with $79. According to FXStreet on Monday, 13 May, "Israel’s refusal to accept a ceasefire deal are putting a floor beneath Crude Oil prices as investors remain wary of a potential spillover into neighboring regions crucial to global Crude Oil supply.", "The EIA’s own Crude Oil Stocks Change, due on Wednesday, will be publishing on Wednesday."
  • According to FXStreet on Monday, 13 May, "At the time of writing, Crude Oil (WTI) trades at $78.06 and Brent Crude at $82.70."

More news about Palladium (PA).

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