Headlines

Palladium Futures Bearish By 12% In The Last 21 Sessions

(VIANEWS) – Palladium (PA) has been up by 12.66% for the last 21 sessions. At 19:52 EST on Wednesday, 24 January, Palladium (PA) is $966.00.

Volume

Today’s last reported volume for Palladium is 20, 99.99% below its average volume of 3782995038.42.

Volatility

Palladium’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.91%, a negative 0.10%, and a positive 1.80%, respectively.

Palladium’s highest amplitude of average volatility was 1.11% (last week), 1.31% (last month), and 1.80% (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 circles between key levels amidst market churn, WTI cycles around $74.50. According to FXStreet on Tuesday, 23 January, "Despite geopolitical tensions keeping oil barrel prices on the high side, energy markets are having a hard time ignoring that global Crude Oil production threatens to swamp out global demand. ", "Crude Oil investors continue to fear a shattering of regional and global supply lines as Houthis remain dedicated to attacking civilian cargo ships bound for the Suez Canal through the Red Sea and the Israel-Hamas conflict continues to risk dragging the Middle East into a protracted conflict that could hamper global Crude Oil trade, if not outright production."
  • According to FXStreet on Tuesday, 23 January, "Market participants will likely watch the upcoming Crude Oil Stock data closely, with the American Petroleum Institute (API) set to release its report for the week ending on January 19 on Tuesday. ", "This will be followed by the Crude Oil Stocks Change data from the US Energy Information Administration (EIA) scheduled for Wednesday."

More news about Palladium (PA).

Leave a Reply

Your email address will not be published. Required fields are marked *