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Palladium Futures Bullish By 4% In The Last 10 Sessions

ViaNews Editorial Team

January 31, 2024

Palladium Futures Bullish By 4% In The Last 10 Sessions

(VIANEWS) - Palladium (PA) has been up by 4.25% for the last 10 sessions. At 10:54 EST on Wednesday, 31 January, Palladium (PA) is $992.50.

Volume

Today's last reported volume for Palladium is 1366, 99.99% below its average volume of 3770725876.8.

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 Zacks on Monday, 29 January, "ProShares K-1 Free Crude Oil Strategy ETF (OILK Quick QuoteOILK - Free Report) - Up 6.8% this year"
  • According to FXStreet on Tuesday, 30 January, "In the meantime, the American Petroleum Institute (API) industry group will publish US stockpile data on Tuesday and provide some impetus to Crude Oil prices.", "West Texas Intermediate (WTI) US Crude Oil prices tick higher during the Asian session on Tuesday and for now, seem to have stalled the previous day's rejection slide from the 100-day Simple Moving Average (SMA) or a nearly two-month peak."

More news about Palladium (PA).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.