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Palladium Futures Bearish Momentum With A 11% Slide In The Last 10 Sessions

ViaNews Editorial Team

February 12, 2024

Palladium Futures Bearish Momentum With A 11% Slide In The Last 10 Sessions
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(VIANEWS) - Palladium (PA) has been up by 11.48% for the last 10 sessions. At 19:53 EST on Sunday, 11 February, Palladium (PA) is $867.50.

Volume

Today's last reported volume for Palladium is 144, 99.99% below its average volume of 3803622097.92.

Volatility

Palladium's last week, last month's, and last quarter's current intraday variation average was 0.87%, 0.39%, and 1.89%, respectively.

Palladium's highest amplitude of average volatility was 2.22% (last week), 1.50% (last month), and 1.89% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Palladium's commodity is considered to be oversold (<=20).

News about

  • WTI crude oil weekly forecast: prices edged higher going into last weekend - 11 February 2024. According to DailyForex on Sunday, 11 February, "While facing selling pressure this past Friday with four short-term technical fights lower, WTI Crude Oil was able to bounce off the 76.000 level rather well. ", "After surpassing the 76.000 mark of Thursday, then challenging the 76.500 ratio early on Friday and then bursting above the 77.000 USD level momentarily, the commodity was pushed backwards.76.000 WTI Crude Oil Support for Short-Term Considerations"

More news about Palladium (PA).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.