Platinum Futures Bearish Momentum With A 2% Drop In The Last 5 Sessions

(VIANEWS) – Platinum (PL) has been up by 2.47% for the last 5 sessions. At 02:52 EST on Wednesday, 3 May, Platinum (PL) is $1,076.20.

Volume

Today’s last reported volume for Platinum is 948, 99.99% below its average volume of 10666444070.74.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.98%, a positive 0.99%, and a positive 1.56%, respectively.

Platinum’s highest amplitude of average volatility was 0.98% (last week), 1.79% (last month), and 1.56% (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).

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