Palladium Futures Went Down By Over 6% In The Last 10 Sessions

(VIANEWS) – Palladium (PA) has been up by 6.29% for the last 10 sessions. At 20:51 EST on Wednesday, 1 May, Palladium (PA) is $961.00.

Volume

Today’s last reported volume for Palladium is 51, 99.99% below its average volume of 3501929454.03.

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 slumps on risk aversion, WTI tests $81 per barrel. According to FXStreet on Tuesday, 30 April, "The American Petroleum Insitute (API) reported a week-on-week increase of 4.906 million barrels in US Crude Oil supplies as US production continues to outpace demand. ", "According to API data, US Crude Oil stocks through the week ended April 26th are up 6.514 million barrels for the month of April."
  • Crude oil recedes post-fed, WTI tumbles below $80. According to FXStreet on Wednesday, 1 May, "WTI is not trading into the 200-day Exponential Moving Average (EMA) near $79.17, and US Crude Oil is now trading down nearly 10% from the last swing high of $81.25 in early April.", "West Texas Intermediate (WTI) US Crude Oil fell below $80.00 per barrel on Wednesday as US Crude Oil supply continues to overwhelm demand, and the US Federal Reserve (Fed) remains hobbled on the path forward toward rate cuts."
  • According to FXStreet on Tuesday, 30 April, "Apart from this,the API Weekly Crude Oil Stock for the week ending April 26 will be released."

More news about Palladium (PA).

Leave a Reply

Your email address will not be published. Required fields are marked *