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Platinum Futures Over 12% Up In The Last 21 Sessions

(VIANEWS) – Platinum (PL) has been up by 12.75% for the last 21 sessions. At 11:50 EST on Thursday, 16 May, Platinum (PL) is $1,063.50.

Volume

Today’s last reported volume for Platinum is 27056, 99.99% below its average volume of 7529872037.29.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 1.69%, 0.91%, and 1.29%, respectively.

Platinum’s highest amplitude of average volatility was 2.12% (last week), 1.19% (last month), and 1.29% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Platinum’s commodity is considered to be oversold (<=20).

News about

  • According to FXStreet on Wednesday, 15 May, "For the week ending May 10, the API Weekly Crude Oil Stock dropped 3.104 million barrels, significantly exceeding the forecasted 1.35 million-barrel decline. "
  • According to FXStreet on Wednesday, 15 May, "At the time of writing, Crude Oil (WTI) trades at $77.22and Brent Crude at $81.61."

More news about Platinum (PL).

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