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Platinum Futures Bearish Momentum With A 4% Drop In The Last 10 Sessions

Platinum Futures Bearish Momentum With A 4% Drop In The Last 10 Sessions
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(VIANEWS) - Platinum (PL) has been up by 4.36% for the last 10 sessions. At 23:56 EST on Sunday, 6 August, Platinum (PL) is $931.90.

Volume

Today's last reported volume for Platinum is 1156, 99.99% below its average volume of 9826140941.49.

Volatility

Platinum's last week, last month's, and last quarter's current intraday variation average was a negative 0.34%, a positive 0.69%, and a positive 1.20%, respectively.

Platinum's highest amplitude of average volatility was 0.76% (last week), 1.24% (last month), and 1.20% (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

  • According to DailyForex on Sunday, 6 August, "Because energy prices have risen slightly in the U.S. over the last month due to higher Crude Oil prices, a slight rise in the CPI would not be unexpected. "

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.