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Palladium Futures Went Up By Over 7% In The Last 21 Sessions

ViaNews Editorial Team

September 27, 2024

Palladium Futures Went Up By Over 7% In The Last 21 Sessions
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(VIANEWS) - Palladium (PA) has been up by 7.78% for the last 21 sessions. At 20:52 EST on Thursday, 26 September, Palladium (PA) is $1,046.50.

Volume

Today's last reported volume for Palladium is 71, 99.99% below its average volume of 3145105754.15.

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

  • According to FXStreet on Thursday, 26 September, "Spot prices currently trade around the 1.3470-1.3465 region, down over 0.10% for the day amid a modest US Dollar (USD) downtick, though some follow-through selling around Crude Oil prices could help limit deeper losses.", "Meanwhile, doubts about sustained fuel demand growth in China - the world's top oil importer - and easing worries over supply disruptions in Libya drag Crude Oil prices further away from a three-week high touched on Tuesday. "
  • According to FXStreet on Wednesday, 25 September, " Oil traders will take more cues from the weekly EIA Crude Oil stockpiles report, which is due later on Wednesday. "

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.