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Palladium Futures Is 8% Up In The Last 10 Sessions

ViaNews Editorial Team

February 23, 2024

Palladium Futures Is 8% Up In The Last 10 Sessions

(VIANEWS) - Palladium (PA) has been up by 8.87% for the last 10 sessions. At 16:52 EST on Friday, 23 February, Palladium (PA) is $975.50.

Volume

Today's last reported volume for Palladium is 7803, 99.99% below its average volume of 3633251673.09.

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 Thursday, 22 February, " Oil traders will focus on the US S&P Global Services Purchasing Managers Index (PMI) for February and the Energy Information Administration (EIA) Crude Oil stockpiles report is due on Thursday. "
  • According to FXStreet on Thursday, 22 February, "Crude oil prices face pressure as the American Petroleum Institute (API) reported a higher-than-expected Crude Oil Stock figure of 7.168 million barrels for the week ending February 16, compared to the expected 4.298 million barrels. ", "Investors await the release of the US Energy Information Administration's (EIA) Crude Oil Stocks Change later in the North American session for further insights into inventory levels."
  • Crude oil rises on Wednesday as energies shrug off another inventories surge. According to FXStreet on Wednesday, 21 February, "WTI has failed to pierce into fresh high ground since peaking at $79.20 in January, and Crude Oil longs are struggling to drag WTI further into bull country after barrel prices bottomed out in December at $67.97.", "West Texas Intermediate (WTI) US Crude Oil rebounded on Wednesday as barrel traders continue to price in possible supply lane constraints amidst geopolitical turmoil in the Middle East. "

More news about Palladium (PA).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.