Palladium Futures Went Up By Over 8% In The Last 10 Sessions

(VIANEWS) – Palladium (PA) has been up by 8.2% for the last 10 sessions. At 01:53 EST on Friday, 23 February, Palladium (PA) is $969.50.

Volume

Today’s last reported volume for Palladium is 358, 99.99% below its average volume of 3652273916.78.

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 Wednesday, 21 February, "US Energy Information Administration’s (EIA) Crude Oil Stocks Change and American Petroleum Institute’s (API) Weekly Crude Oil Stock for the week ending on February 16 will be released later in the North American session."
  • WTI rallies, en route to $79.00 after EIA crude oil inventories slightly miss forecasts. According to FXStreet on Thursday, 22 February, "EIA Distillate Inventories declined a little over 4 million barrels, sparking a relief rally in Crude Oil, and the EIA’s Crude Oil Inventories rose 3.514 million barrels for the week ended February 16 compared to the forecast 3.75 million barrels. ", "US Crude Oil rallied over 2% bottom-to-top on Thursday, lifting from above the $77.00 handle to clear $78.00, and WTI is poised to reclaim $79.00. "
  • According to FXStreet on Wednesday, 21 February, " Oil traders will monitor the EIA Crude Oil Stocks Change and API Weekly Crude Oil Stock, due on Wednesday and Thursday, respectively. "

More news about Palladium (PA).

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