Palladium Futures Bearish By 3% In The Last 5 Sessions

(VIANEWS) – Palladium (PA) has been up by 3.13% for the last 5 sessions. At 17:51 EST on Friday, 28 July, Palladium (PA) is $1,241.50.

Volume

Today’s last reported volume for Palladium is 2638, 99.99% below its average volume of 4365357907.11.

Volatility

Palladium’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.29%, a positive 0.57%, and a positive 1.72%, respectively.

Palladium’s highest amplitude of average volatility was 1.24% (last week), 1.30% (last month), and 1.72% (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 overbought (>=80).

News about

  • According to FXStreet on Wednesday, 26 July, "Also, the EIA Crude Oil Stocks Change, US Advance GDP QoQ, and the core Personal Consumption Expenditure (PCE) Price Index MoM will be due later this week."
  • Crude oil forecast: short-term pullback, bullish – 27 July 2023. According to DailyForex on Thursday, 27 July, "The WTI Crude Oil market experienced a slight retreat during Wednesday’s trading session, which could be attributed to a potential overextension in the market. ", "While this could be a sign of temporary exhaustion, the overall outlook remains bullish, particularly with the WTI Crude Oil market breaking above the 200-Day EMA. "
  • According to FXStreet on Thursday, 27 July, "It should be noted that the prices of Gold and Crude Oil also remain firmer during the overall cautiously optimistic markets."
  • According to FXStreet on Wednesday, 26 July, "Also, the EIA Crude Oil Stocks Change, US Advance GDP QoQ, and the core Personal Consumption Expenditure (PCE) Price Index MoM will be due later this week."
  • According to FXStreet on Thursday, 27 July, "It should be noted that the prices of Gold and Crude Oil also remain firmer during the overall cautiously optimistic markets."

More news about Palladium (PA).

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