Palladium Futures Bullish By 5% In The Last 10 Sessions

(VIANEWS) – Palladium (PA) has been up by 5.74% for the last 10 sessions. At 11:51 EST on Tuesday, 19 March, Palladium (PA) is $992.50.

Volume

Today’s last reported volume for Palladium is 3056, 99.99% below its average volume of 3637040268.76.

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 Monday, 18 March, "This comes after OPEC+ members decided to extend the production cuts of 2.2 million barrels per day through the second quarter and fueled concerns about a tight global supply, which, in turn, is seen acting as a tailwind for Crude Oil prices.", "West Texas Intermediate (WTI) US Crude Oil prices build on last week’s strong gains of nearly 4% and gain some follow-through positive traction on Monday. "
  • Crude oil extends rally, WTI crosses above $82.00. According to FXStreet on Monday, 18 March, "Energy markets are increasingly concerned that declining Crude Oil supplies will continue into the immediate future. ", "The Energy Information Administration’s (EIA) own Crude Oil Stocks Change is due Wednesday. "

More news about Palladium (PA).

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