Palladium Futures Bullish Momentum With A 9% Jump In The Last 21 Sessions

(VIANEWS) – Palladium (PA) has been up by 9.89% for the last 21 sessions. At 05:52 EST on Wednesday, 10 July, Palladium (PA) is $989.00.

Volume

Today’s last reported volume for Palladium is 802, 99.99% below its average volume of 3350549445.81.

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 eases on Tuesday despite extended decline in API barrel counts. According to FXStreet on Tuesday, 9 July, "Tropical Storm Beryl, which was downgraded from a category 1 hurricane, also failed to disrupt US Crude Oil markets as much as barrel traders had initially feared, kicking the legs out from underneath a near-term bullish push and keeping WTI bids pinned on the low side.", "West Texas Intermediate (WTI) US Crude Oil extended a near term decline on Tuesday, falling to $81.00 per barrel as American Crude Oil markets continue to struggle to find consistent bullish momentum."

More news about Palladium (PA).

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