Platinum Futures Bearish Momentum With A 4% Drop In The Last 10 Sessions

(VIANEWS) – Platinum (PL) has been up by 4.36% for the last 10 sessions. At 23:56 EST on Sunday, 6 August, Platinum (PL) is $931.90.

Volume

Today’s last reported volume for Platinum is 1156, 99.99% below its average volume of 9826140941.49.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.34%, a positive 0.69%, and a positive 1.20%, respectively.

Platinum’s highest amplitude of average volatility was 0.76% (last week), 1.24% (last month), and 1.20% (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 DailyForex on Sunday, 6 August, "Because energy prices have risen slightly in the U.S. over the last month due to higher Crude Oil prices, a slight rise in the CPI would not be unexpected. "

More news about Platinum (PL).

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