Palladium Futures Bearish By 9% In The Last 21 Sessions

(VIANEWS) – Palladium (PA) has been up by 9.28% for the last 21 sessions. At 17:51 EST on Wednesday, 8 May, Palladium (PA) is $959.50.

Volume

Today’s last reported volume for Palladium is 4292, 99.99% below its average volume of 3498417004.42.

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 Wednesday, 8 May, "Oil traders will shift their focus to the US Crude Oil Stocks Change due later on Wednesday. "
  • According to FXStreet on Tuesday, 7 May, "However, battered Crude Oil markets and floundering barrel prices limit the CAD’s ability to find higher ground."
  • According to FXStreet on Wednesday, 8 May, "Oil traders willshift their focus tothe EIA Crude Oil stockpiles report duelateron Wednesday. "
  • Crude oil continues to soften on middle east ceasefire talks, WTI falls to $78. According to FXStreet on Monday, 6 May, "WTI US Crude Oil is seeing market churn near $78.50 as markets grapple with a potential ceasefire deal on the cards, and barrel bids are pricing in a near-term price floor around the $78.00 price handle.", "US Crude Oil production has edged into higher territory in recent weeks, and supply is slowly beginning to outstrip demand. "

More news about Palladium (PA).

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