Palladium Futures Over 8% Down In The Last 21 Sessions

(VIANEWS) – Palladium (PA) has been up by 8.84% for the last 21 sessions. At 16:52 EST on Wednesday, 7 February, Palladium (PA) is $897.00.

Volume

Today’s last reported volume for Palladium is 5052, 99.99% below its average volume of 3738393855.07.

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 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).

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