Platinum Futures Bearish By 5% In The Last 5 Sessions

(VIANEWS) – Platinum (PL) has been up by 5.08% for the last 5 sessions. At 11:52 EST on Tuesday, 5 September, Platinum (PL) is $935.90.

Volume

Today’s last reported volume for Platinum is 25144, 99.99% below its average volume of 9442214166.5.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.08%, a positive 0.73%, and a positive 1.16%, respectively.

Platinum’s highest amplitude of average volatility was 0.42% (last week), 1.13% (last month), and 1.16% (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

  • According to FXStreet on Tuesday, 5 September, "The aforementioned fundamental backdrop suggests that the path of least resistance for WTI Crude Oil prices is to the upside. ", "In the meantime, the optimism that additional stimulus from China, to shore up a slowing economic recovery will boost fuel demand and lend additional support to WTI Crude Oil prices. "

More news about Platinum (PL).

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