(VIANEWS) – Platinum (PL) has been up by 7.74% for the last 21 sessions. At 05:51 EST on Friday, 9 August, Platinum (PL) is $938.20.
Volume
Today’s last reported volume for Platinum is 4765, 99.99% below its average volume of 7068720500.39.
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 Zacks on Wednesday, 7 August, "Till then, keep track of oil ETFs like USO, BNO, Invesco DB Oil Fund (DBO Quick QuoteDBO – Free Report) , United States 12 Month Oil Fund LP (USL Quick QuoteUSL) and ProShares K-1 Free Crude Oil Strategy ETF (OILK Quick QuoteOILK) ."
- According to FXStreet on Thursday, 8 August, "This, in turn, holds back traders from placing aggressive bullish bets around Crude Oil prices and caps the upside, though geopolitical risks could act as a tailwind.", "This keeps the risk of supply disruptions from the key Oil producing region and continues to offer some support to Crude Oil prices. "
- According to FXStreet on Thursday, 8 August, "Energy Information Administration (EIA) Crude Oil Stocks Change declined by 3.728 million barrels for the week ending August 2, marking the sixth consecutive weekly decline. "
More news about Platinum (PL).
