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Platinum Futures Bullish Momentum With A 3% Rise In The Last 10 Sessions

Platinum Futures Bullish Momentum With A 3% Rise In The Last 10 Sessions
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(VIANEWS) - Platinum (PL) has been up by 3.65% for the last 10 sessions. At 10:52 EST on Friday, 10 March, Platinum (PL) is $974.80.

Volume

Today's last reported volume for Platinum is 14315, 99.99% below its average volume of 10830772477.32.

Volatility

Platinum's last week, last month's, and last quarter's current intraday variation average was 1.22%, 0.41%, and 1.62%, respectively.

Platinum's highest amplitude of average volatility was 1.22% (last week), 1.48% (last month), and 1.62% (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 FXStreet on Wednesday, 8 March, "The emergence of fresh selling around Crude Oil prices undermines the commodity-linked Loonie, which, along with sustained US Dollar buying, continues to act as a tailwind for the USD/CAD pair. "

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.