Palladium Futures Bearish Momentum With A 10% Drop In The Last 10 Sessions

(VIANEWS) – Palladium (PA) has been up by 10.14% for the last 10 sessions. At 08:53 EST on Friday, 19 July, Palladium (PA) is $917.00.

Volume

Today’s last reported volume for Palladium is 1623, 99.99% below its average volume of 3287391162.22.

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).

Previous days news about Palladium (PA)

  • Palladium and platinum are on the roll – TDS. According to FXStreet on Wednesday, 17 July, "Our simulations of 500 scenarios for future prices over the next week suggest that CTAs could cover their entire short book in Palladium in an uptape. ", "Our advanced positioning analytics suggest CTAs are back on the bid in PGMs, as the recovery in prices catalyzes buying programs in both Platinum and Palladium, raising the odds of a renewed leg higher in Palladium prices."

More news about Palladium (PA).

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