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Palladium Futures Bullish Momentum With A 7% Jump In The Last 21 Sessions

(VIANEWS) – Palladium (PA) has been up by 7.95% for the last 21 sessions. At 23:50 EST on Wednesday, 20 March, Palladium (PA) is $1,045.00.

Volume

Today’s last reported volume for Palladium is 417, 99.99% below its average volume of 3592092315.98.

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 forecast: continues to find buyers – 19 March 2024. According to DailyForex on Tuesday, 19 March, "The West Texas Intermediate Crude Oil market broke above the $81 level early during trading on Monday, as we continue to see a lot of upward pressure. "
  • According to FXStreet on Tuesday, 19 March, "West Texas Intermediate (WTI) US Crude Oil prices edge lower during the Asian session on Tuesday and revers a part of the previous day’s strong gains to the $82.45 area, or the highest level since early November. ", "Furthermore, growing concerns about a global economic slowdown, which could dent fuel demand, turn out to be another factor weighing on Crude Oil prices. "

More news about Palladium (PA).

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