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Palladium Futures Bearish By 6% In The Last 10 Sessions

(VIANEWS) – Palladium (PA) has been up by 6.9% for the last 10 sessions. At 08:50 EST on Thursday, 3 October, Palladium (PA) is $985.50.

Volume

Today’s last reported volume for Palladium is 1463, 99.99% below its average volume of 3156490760.2.

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

  • Crude oil nosedives, shrugging off Israeli ground incursion into Lebanon. According to FXStreet on Tuesday, 1 October, "At the time of writing, Crude Oil (WTI) trades at $67.44 and Brent Crude at $71.15."
  • According to Zacks on Tuesday, 1 October, "Invesco DB Oil Fund (DBO Quick QuoteDBO – Free Report) , ProShares K-1 Free Crude Oil Strategy ETF (OILK Quick QuoteOILK – Free Report) and United States 12 Month Oil Fund LP (USL Quick QuoteUSL – Free Report) are some of the oil ETFs that should be closely tracked in the current scenario."

More news about Palladium (PA).

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