(VIANEWS) - Palladium (PA) has been up by 9.17% for the last 21 sessions. At 10:52 EST on Wednesday, 3 January, Palladium (PA) is $1,065.50.
Volume
Today's last reported volume for Palladium is 1749, 99.99% below its average volume of 3892769373.86.
Volatility
Palladium's last week, last month's, and last quarter's current intraday variation average was a negative 1.26%, a positive 1.16%, and a positive 1.77%, respectively.
Palladium's highest amplitude of average volatility was 1.26% (last week), 2.63% (last month), and 1.77% (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 overbought (>=80).
News about
- Crude oil forecast: sees noisy recovery - 03 January 2024. According to DailyForex on Wednesday, 3 January, "Crude oil markets have shown positive signs at the beginning of 2024, indicating a potential resurgence in demand.WTI Crude OilIn the West Texas Intermediate Crude Oil Market, Tuesday's performance was notably optimistic, as it appeared to strive towards the $75 mark."
- WTI falls back towards $70 per barrel as crude oil extends declines. According to FXStreet on Tuesday, 2 January, "Markets were broadly expecting the figure to hold steady at November's figure of 48.2, and a softening economic outlook for the US is driving down risk appetite, sending Crude Oil further down the charts as investors back into the safe haven US Dollar and sell off equities and commodities to kick off the 2024 trading year.", "Weekend reports of ongoing attacks on cargo ships in Houthi-rebel-controlled waters off the coast of Yemen sparked a brief rally in Crude Oil bids, bolstered by reports that an Iranian warship had entered the region. "
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