Palladium Futures Bearish Momentum With A 11% Drop In The Last 21 Sessions

(VIANEWS) – Palladium (PA) has been up by 11.35% for the last 21 sessions. At 11:51 EST on Thursday, 2 May, Palladium (PA) is $937.50.

Volume

Today’s last reported volume for Palladium is 3748, 99.99% below its average volume of 3484437301.52.

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 slumps on risk aversion, WTI tests $81 per barrel. According to FXStreet on Tuesday, 30 April, "According to API data, US Crude Oil stocks through the week ended April 26th are up 6.514 million barrels for the month of April.", "WTI has fallen back to a familiar supply zone near $81.00 as bullish momentum in US Crude Oil remains limited. "
  • According to FXStreet on Tuesday, 30 April, "Apart from this,the API Weekly Crude Oil Stock for the week ending April 26 will be released."

More news about Palladium (PA).

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