Platinum is currently on bullish momentum. At 10:04 EST on Friday, 7 May, Platinum is at $1,253.80 and 3.06% up since the last session’s close.
About Platinum’s daily highs and lows, it’s 4.501% up from its trailing 7 days low of $1,199.80 and 0.334% down from its trailing 7 days high of $1,258.00.
Platinum’s last week, last month’s, and last quarter’s current volatility was 0.67%, 0.06%, and 1.54%, 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 0.96% (last week), 1.13% (last month), and 1.54% (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
According to FX Empire on Tuesday, 4 May, "API Crude Oil Stock Change report, which is set to be published today, is expected to show that crude inventories declined by 2.19 million barrels. "
More news about Platinum.