Platinum Futures Bearish By 4% In The Last 10 Sessions

(VIANEWS) – Platinum (PL) has been up by 4.95% for the last 10 sessions. At 22:50 EST on Monday, 15 January, Platinum (PL) is $918.30.

Volume

Today’s last reported volume for Platinum is 12131, 99.99% below its average volume of 8414772356.17.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 0.60%, 0.58%, and 1.25%, respectively.

Platinum’s highest amplitude of average volatility was 0.68% (last week), 0.79% (last month), and 1.25% (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 overbought (>=80).

News about

  • Crude oil struggles to pick a direction as geopolitical tensions and rebel attacks mire the outlook. According to FXStreet on Monday, 15 January, "The American Petroleum Institute (API) will be delivering their latest Weekly Crude Oil Stock counts for the week ended January 12th on Wednesday, followed by the Energy Information Administration’s (EIA) Natural Gas Storage and Crude Oil Stocks Change on Thursday.", "US Crude Oil has seen rough intraday trading in 2024, with barrel prices cycling in a rough channel between $74.00 and $70.50 as near-term price action sticks close to the 200-hour Simple Moving Average (SMA) near $72.50."

More news about Platinum (PL).

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