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Palladium Futures Bearish Momentum With A 5% Slide In The Last 5 Sessions

(VIANEWS) – Palladium (PA) has been up by 5.35% for the last 5 sessions. At 20:50 EST on Thursday, 21 March, Palladium (PA) is $1,014.50.

Volume

Today’s last reported volume for Palladium is 26, 99.99% below its average volume of 3566382055.49.

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, 21 March, "West Texas Intermediate (WTI) US Crude Oil prices attract some dip-buying during the Asian session on Thursday and reverse a part of the previous day’s losses. ", "This is seen undermining the US Dollar (USD) and benefitting USD-denominated commodities, including Crude Oil prices. "

More news about Palladium (PA).

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