Palladium Futures Bullish By 5% In The Last 5 Sessions

(VIANEWS) – Palladium (PA) has been up by 5.17% for the last 5 sessions. At 14:54 EST on Tuesday, 22 October, Palladium (PA) is $1,087.50.

Volume

Today’s last reported volume for Palladium is 2553, 99.99% below its average volume of 3136620801.96.

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

  • Crude oil struggles to hold $70.00 as markets become more bearish. According to FXStreet on Tuesday, 22 October, "At the time of writing, Crude Oil (WTI) trades at $71.71 and Brent Crude at $74.79"
  • According to FXStreet on Tuesday, 22 October, "Apart from this, the recent US Dollar (USD) upswing to its highest level since early August, triggered by expectations for a less aggressive policy easing by the Federal Reserve (Fed), contributes to capping the upside for Crude Oil prices. ", "West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on the previous day’s modest gains and oscillate in a narrow band, around the $69.70-$69.75 area during the Asian session on Tuesday. "
  • According to FXStreet on Monday, 21 October, "Middle East geopolitical tensions continue to simmer away in the background, giving the safe haven Greenback a boost and lending a leg higher to both Gold and Crude Oil prices. "

More news about Palladium (PA).

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