Palladium Futures Rises By 4% In The Last 5 Sessions

(VIANEWS) – Palladium (PA) has been up by 4.62% for the last 5 sessions. At 02:53 EST on Friday, 9 August, Palladium (PA) is $917.00.

Volume

Today’s last reported volume for Palladium is 651, 99.99% below its average volume of 3238553507.7.

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

  • According to FXStreet on Thursday, 8 August, "This, in turn, holds back traders from placing aggressive bullish bets around Crude Oil prices and caps the upside, though geopolitical risks could act as a tailwind.", "This keeps the risk of supply disruptions from the key Oil producing region and continues to offer some support to Crude Oil prices. "
  • According to FXStreet on Thursday, 8 August, "Energy Information Administration (EIA) Crude Oil Stocks Change declined by 3.728 million barrels for the week ending August 2, marking the sixth consecutive weekly decline. "

More news about Palladium (PA).

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