Palladium Futures Bearish By 7% In The Last 21 Sessions

(VIANEWS) – Palladium (PA) has been up by 7.66% for the last 21 sessions. At 13:54 EST on Friday, 9 February, Palladium (PA) is $868.50.

Volume

Today’s last reported volume for Palladium is 3860, 99.99% below its average volume of 3679242082.88.

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, 8 February, "The American Petroleum Institute (API) Weekly Crude Oil Stock exhibited improvement, reporting a figure of 0.674 million barrels, contrasting with the prior decrease of 2.5 million barrels. ", "However, the US Energy Information Administration (EIA) reported Crude Oil stockpiles at 5.521 million barrels, surpassing both the expected 1.895 million barrels and the previous figure of 1.234 million barrels. "
  • According to FXStreet on Wednesday, 7 February, "The American Petroleum Institute (API) Weekly Crude Oil Stock showed improvement, recording a figure of 0.674 million barrels compared to the previous decline of 2.5 million barrels. ", "Investors are now awaiting the release of the US Energy Information Administration (EIA) Crude Oil stockpiles report on Wednesday for further insights into the market."

More news about Palladium (PA).

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