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Platinum Futures Bearish Momentum With A 3% Fall In The Last 5 Sessions

Platinum Futures Bearish Momentum With A 3% Fall In The Last 5 Sessions
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(VIANEWS) - Platinum (PL) has been up by 3.29% for the last 5 sessions. At 05:52 EST on Tuesday, 13 June, Platinum (PL) is $998.00.

Volume

Today's last reported volume for Platinum is 496, 99.99% below its average volume of 10215551306.4.

Volatility

Platinum's last week, last month's, and last quarter's current intraday variation average was a negative 0.79%, a negative 0.44%, and a positive 1.33%, respectively.

Platinum's highest amplitude of average volatility was 0.79% (last week), 0.95% (last month), and 1.33% (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 overbought (>=80).

News about

  • Crude oil forecast: continues to see a lot of noisy behavior - 12 June 2023. According to DailyForex on Monday, 12 June, "In contrast, the Brent Crude Oil market exhibited a relatively quiet trading session on Friday. ", "Overall, the WTI Crude Oil market is grappling with uncertainties surrounding demand and supply, while the Brent market faces resistance from the 50-Day EMA. "

More news about Platinum (PL).

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.