(VIANEWS) – Palladium (PA) has been up by 2.31% for the last 5 sessions. At 04:51 EST on Friday, 1 March, Palladium (PA) is $949.50.
Volume
Today’s last reported volume for Palladium is 382, 99.99% below its average volume of 3618175920.43.
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 Thursday, 29 February, "Additionally, the higher API Weekly Crude Oil Stock added to the downward pressure on oil prices."
- According to FXStreet on Wednesday, 28 February, "American Petroleum Institute (API) revealed that Weekly Crude Oil Stock increased to 8.428 million barrels for the week ending on February 23, from the previous 7.168 million barrels. ", "Furthermore, the US Energy Information Administration (EIA) is expected to report a decline in the Crude Oil Stocks Change on Wednesday."
- According to FXStreet on Wednesday, 28 February, "Meanwhile, Crude Oil prices stand tall near the monthly peak touched on Tuesday and underpin the commodity-linked Loonie. ", "The positive move is exclusively sponsored by a modest pickup in the US Dollar (USD) demand, though bullish Crude Oil prices might keep a lid on any further gains."
- Crude oil monthly forecast: March 2024 – 29 February 2024. According to DailyForex on Thursday, 29 February, "The West Texas Intermediate Crude Oil market has been more of a "buy on the dip" market during the month of February, and as I write this article at the end of the month, it’s currently testing the 50-Week EMA. ", "As per usual, the Brent Crude Oil market, or the UK Oil market if you are using CFDs, is following right along with WTI Crude Oil. "
- According to FXStreet on Thursday, 29 February, "Additionally, the EIA Crude Oil stockpiles came in weaker-than-expected, rising by 4.199 million barrels last week from 3.514 million barrels prior. "
More news about Palladium (PA).
