Platinum Futures Bearish Momentum With A 3% Slide In The Last 5 Sessions

(VIANEWS) – Platinum (PL) has been up by 3.8% for the last 5 sessions. At 14:50 EST on Wednesday, 20 March, Platinum (PL) is $906.50.

Volume

Today’s last reported volume for Platinum is 32707, 99.99% below its average volume of 7858920090.99.

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).

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