Platinum Futures Is 4% Down In The Last 10 Sessions

(VIANEWS) – Platinum (PL) has been up by 4.3% for the last 10 sessions. At 02:51 EST on Wednesday, 24 July, Platinum (PL) is $956.00.

Volume

Today’s last reported volume for Platinum is 3904, 99.99% below its average volume of 7261201602.39.

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).

Previous days news about Platinum (PL)

  • Platinum moves downwards, palladium still looks up – TDS. According to FXStreet on Monday, 22 July, "This increases conviction in our view that Platinum could have more to lose than Palladium, with our advanced positioning analytics still pointing to upside asymmetry in positioning risks for the latter, given discretionary traders also likely still hold a substantial net short position."

More news about Platinum (PL).

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