Palladium Futures Bearish By 2% In The Last 5 Sessions

(VIANEWS) – Palladium (PA) has been up by 2.56% for the last 5 sessions. At 08:50 EST on Monday, 25 September, Palladium (PA) is $1,235.50.

Volume

Today’s last reported volume for Palladium is 719, 99.99% below its average volume of 4295469290.55.

Volatility

Palladium’s last week, last month’s, and last quarter’s current intraday variation average was 0.84%, 0.72%, and 1.41%, respectively.

Palladium’s highest amplitude of average volatility was 0.95% (last week), 1.16% (last month), and 1.41% (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

  • WTI crude oil: weekly forecast 24th September – 30th September – 24 September 2023. According to DailyForex on Sunday, 24 September, "Yes, WTI Crude Oil did traverse below its highs as it went into the weekend, but price remained durable as short-term support near 89.000 seemed to spark renewed buying when it was briefly penetrated a few hours before the commodity market closed. ", "Before the U.S. growth data numbers are released, traders should expect WTI Crude Oil to remain speculatively high and for the 90.000 USD level to potentially be a magnet the first few days of trading this week."
  • According to DailyForex on Sunday, 24 September, "S GDP numbers are strong and the costs for WTI Crude Oil remain near or above 90.000 USD per barrel.GBP/USD Weekly Outlook:"
  • Crude oil forecast: oil markets surge amid supply concerns – 25 September 2023. According to DailyForex on Monday, 25 September, "Brent Crude Oil MarketBrent markets have also demonstrated a notable upward surge, indicating the potential to breach the $95 level.", "West Texas Intermediate Crude Oil MarketThe West Texas Intermediate Crude Oil market displayed significant gains on Friday as traders continued to fret about supply shortages."

More news about Palladium (PA).

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