Palladium Futures Drops By 9% In The Last 21 Sessions

(VIANEWS) – Palladium (PA) has been up by 9.93% for the last 21 sessions. At 11:51 EST on Monday, 16 October, Palladium (PA) is $1,143.50.

Volume

Today’s last reported volume for Palladium is 1845, 99.99% below its average volume of 4212465112.74.

Volatility

Palladium’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.78%, a negative 0.09%, and a positive 1.50%, respectively.

Palladium’s highest amplitude of average volatility was 2.44% (last week), 1.54% (last month), and 1.50% (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 overbought (>=80).

News about

  • According to FXStreet on Monday, 16 October, "West Texas Intermediary (WTI) Crude Oil prices reverse a modest Asian session dip to the $85.80 area and move back closer to a one-and-half-week high touched earlier this Monday. ", "Worries about tightening global supply, along with a forecast that global inventories will decline through the fourth quarter, might continue to lend some support to Crude Oil prices and favour bulls."
  • According to FXStreet on Monday, 16 October, "Such developments are seen as a potential tailwind for Crude Oil prices, as concerns over supply disruptions contribute to market uncertainties."

More news about Palladium (PA).

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