Platinum Futures Bullish By 4% In The Last 10 Sessions

(VIANEWS) – Platinum (PL) has been up by 4.04% for the last 10 sessions. At 17:51 EST on Friday, 3 May, Platinum (PL) is $966.20.

Volume

Today’s last reported volume for Platinum is 28487, 99.99% below its average volume of 7537210855.58.

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).

News about

  • Crude oil recedes post-fed, WTI tumbles below $80. According to FXStreet on Wednesday, 1 May, "This week’s EIA print represents the highest WoW Crude Oil buildup since the week ended February 9. ", "EIA US Crude Oil Stocks are up 9.473 million barrels in the month of April, and US Crude Oil production tracked by the EIA has oversupplied nearly 30 million barrels since the beginning of the year."

More news about Platinum (PL).

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