Platinum Futures Went Up By Over 2% In The Last 5 Sessions

(VIANEWS) – Platinum (PL) has been up by 2.36% for the last 5 sessions. At 11:52 EST on Wednesday, 16 October, Platinum (PL) is $1,006.40.

Volume

Today’s last reported volume for Platinum is 14767, 99.99% below its average volume of 6843523209.33.

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 nosedives after IEA says oversupply still continues. According to FXStreet on Tuesday, 15 October, "At the time of writing, Crude Oil (WTI) trades at $70.12 and Brent Crude at $74.09", "There is a challenging path to recovery if Crude Oil wants to get back to $75.00. "

More news about Platinum (PL).

Leave a Reply

Your email address will not be published. Required fields are marked *