Platinum Futures Bearish By 2% In The Last 5 Sessions

(VIANEWS) – Platinum (PL) has been up by 2.21% for the last 5 sessions. At 04:50 EST on Wednesday, 7 February, Platinum (PL) is $902.60.

Volume

Today’s last reported volume for Platinum is 3803, 99.99% below its average volume of 8183255312.59.

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 Tuesday, 6 February, "West Texas Intermediate (WTI) US Crude Oil prices struggle to gain any meaningful traction on Tuesday and oscillate in a narrow range through the mid-European session. ", "Apart from this, concerns about a weaker demand outlook, amid persistent worries about slowing economic growth in China, further contribute to cap gains for Crude Oil prices."

More news about Platinum (PL).

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