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MarketCommodities

Palladium Futures Bullish By 8% In The Last 10 Sessions

ViaNews Editorial Team

November 22, 2023

Palladium Futures Bullish By 8% In The Last 10 Sessions

(VIANEWS) - Palladium (PA) has been up by 8.86% for the last 10 sessions. At 19:56 EST on Tuesday, 21 November, Palladium (PA) is $1,087.00.

Volume

Today's last reported volume for Palladium is 5281, 99.99% below its average volume of 4046312348.83.

Volatility

Palladium's last week, last month's, and last quarter's current intraday variation average was 0.92%, 0.01%, and 1.42%, respectively.

Palladium's highest amplitude of average volatility was 0.92% (last week), 1.48% (last month), and 1.42% (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, 20 November, "West Texas Intermediate (WTI) Crude Oil prices build on last week's goodish rebound from the $72.40-$72.35 area, or the lowest level since July 7 and gain some follow-through positive traction for the second successive day on Monday. ", "Moreover, worries that a deeper global economic downturn will dent fuel demand might continue to undermine Crude Oil prices and keep a lid on any further gains. "
  • Crude oil forecast: continues to recover - 21 November 2023. According to DailyForex on Tuesday, 21 November, "The West Texas Intermediate (US Oil) Crude Oil market continued its upward trajectory on Monday, building upon the recovery trend that commenced last week. "
  • According to FXStreet on Tuesday, 21 November, "Additionally, the US crude oil inventory data, including API Weekly Crude Oil Stock and EIA Crude Oil Stocks Change for the week ending November 17, will be released on Tuesday and Wednesday, respectively. "

More news about Palladium (PA).

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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.