Platinum is currently on bearish momentum. At 13:04 EST on Wednesday, 12 May, Platinum is at $1,222.10 and 1.54% down since the last session’s close.
Concerning Platinum’s daily highs and lows, it’s 1.34% down from its trailing 24 hours low of $1,238.70 and 1.34% down from its trailing 24 hours high of $1,238.70.
Platinum’s last week, last month’s, and last quarter’s current volatility was 0.33%, 0.22%, and 1.45%, respectively.
Platinum’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.22% (last week), 1.05% (last month), and 1.45% (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).
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