(VIANEWS) – Palladium (PA) has been up by 2.47% for the last 5 sessions. At 01:51 EST on Wednesday, 7 February, Palladium (PA) is $946.50.
Volume
Today’s last reported volume for Palladium is 154, 99.99% below its average volume of 3758536054.86.
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 Tuesday, 6 February, "West Texas Intermediate (WTI) US Crude Oil prices struggle to gain any meaningful traction on Tuesday and oscillate in a narrow range through the mid-European session. ", "Apart from this, concerns about a weaker demand outlook, amid persistent worries about slowing economic growth in China, further contribute to cap gains for Crude Oil prices."
- According to FXStreet on Monday, 5 February, "West Texas Intermediate (WTI) US Crude Oil prices extend last week’s rejection slide from the 100-day Simple Moving Average (SMA), around the $79.20 area, or the YTD peak, and drift lower for the fourth successive day on Monday. ", "This continues to act as a tailwind for the US Dollar (USD) and turns out to be a key factor undermining demand for dollar-denominated commodities, including Crude Oil prices. "
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