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Palladium Futures Jumps By 4% In The Last 5 Sessions

Palladium Futures Jumps By 4% In The Last 5 Sessions
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(VIANEWS) - Palladium (PA) has been up by 4.55% for the last 5 sessions. At 23:51 EST on Monday, 6 May, Palladium (PA) is $988.50.

Volume

Today's last reported volume for Palladium is 231, 99.99% below its average volume of 3548241843.52.

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

  • Crude oil continues to soften on middle east ceasefire talks, WTI falls to $78. According to FXStreet on Monday, 6 May, "Details are still forthcoming, but negotiations between Israel and Hamas have tilted towards a resolution, dragging down barrel bids that have spent months churning higher on broad-market concerns of a conflict spilling over into neighboring countries and threatening global Crude Oil markets.", "West Texas Intermediate (WTI) US Crude Oil futures fell on Monday after headlines of a possible ceasefire in the ongoing conflict between Israel and Palestinian Hamas. "

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.