Palladium Futures Bearish By 9% In The Last 21 Sessions

(VIANEWS) – Palladium (PA) has been up by 9.46% for the last 21 sessions. At 23:51 EST on Thursday, 12 October, Palladium (PA) is $1,148.00.

Volume

Today’s last reported volume for Palladium is 154, 99.99% below its average volume of 4113114548.09.

Volatility

Palladium’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.84%, a negative 0.01%, and a positive 1.48%, respectively.

Palladium’s highest amplitude of average volatility was 1.58% (last week), 1.39% (last month), and 1.48% (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 Wednesday, 11 October, "Market participants remain uncertain about the ultimate impact of the Israel-Gaza war and seem convinced that the expansion of the conflict to the wider Middle East is required to send Crude Oil prices higher. ", "West Texas Intermediary (WTI) Crude Oil prices edge higher during the Asian session on Wednesday, albeit lack follow-through amid easing concerns about potential supply disruptions due to the Israel-Palestinian conflict. "
  • According to FXStreet on Thursday, 12 October, "West Texas Intermediary (WTI) Crude Oil prices remain depressed for the third successive day on Thursday and touch a fresh weekly low, the $81.70-$81.65 region during the Asian session.", "Moreover, investors remain uncertain about the ultimate impact of the latest geopolitical developments and seem convinced that the expansion of the conflict to the wider Middle East is required to send Crude Oil prices higher."

More news about Palladium (PA).

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