(VIANEWS) – Palladium (PA) has been up by 7.67% for the last 21 sessions. At 14:54 EST on Friday, 7 June, Palladium (PA) is $914.50.
Volume
Today’s last reported volume for Palladium is 4098, 99.99% below its average volume of 3369972842.81.
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 attempts to shrug off supplies buildup, WTI claws back to $74. According to FXStreet on Wednesday, 5 June, "The Energy Information Administration (EIA) reported similar results, with EIA Crude Oil Stocks Change for the week ended May 31 rising 1.233 million when investors were forecasting a -2.3 million barrel decline. ", "US Crude Oil stocks rose on a weekly basis once again after the American Petroleum Institute (API) reported a 4.052 million barrel buildup in Weekly Crude Oil Stocks, shrugging off a forecast -1.9 million barrel decline and chewing a significant hole in the previous week’s -6.49 million decline. "
- According to FXStreet on Thursday, 6 June, "The upside of Oil prices could be limited as the US Energy Information Administration (EIA) Crude Oil Stocks Change showed that crude Oil inventories increased by 1.233 million barrels in the week ending May 31. "
- According to FXStreet on Thursday, 6 June, "At the time of writing, Crude Oil (WTI) trades at $74.23 and Brent Crude at $78.60"
- Crude oil extends recovery, WTI tests $75.50. According to FXStreet on Thursday, 6 June, "US Crude Oil bulls are aiming to drag WTI bids back into a recent consolidation zone around the $78.00 handle, though an exhaustion play could be on the cards with the 50-day EMA declining through the long-term MA.", "OPEC+ assured markets that the phase out would be data dependent, but energy markets still balked at the prospect of additional oversupply in global barrel markets, sending Crude Oil prices into the lowest levels since February."
More news about Palladium (PA).
