(VIANEWS) – Platinum (PL) has been up by 2.57% for the last 5 sessions. At 19:50 EST on Wednesday, 28 February, Platinum (PL) is $883.80.
Volume
Today’s last reported volume for Platinum is 430, 99.99% below its average volume of 7980574591.61.
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
- According to FXStreet on Wednesday, 28 February, "American Petroleum Institute (API) revealed that Weekly Crude Oil Stock increased to 8.428 million barrels for the week ending on February 23, from the previous 7.168 million barrels. ", "Furthermore, the US Energy Information Administration (EIA) is expected to report a decline in the Crude Oil Stocks Change on Wednesday."
- Crude oil rose again on Wednesday, but WTI found friction at $79.00. According to FXStreet on Wednesday, 28 February, "This also adds to the API Weekly Crude Oil Stock count for the same period, which added another 8.428 million barrels compared to the previous week’s 7.168 million.", "US Crude Oil is struggling to develop further bullish momentum, but is still up around 9% from the last swing low into $72.00 in early February."
More news about Platinum (PL).
