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Platinum Futures Bullish Momentum With A 5% Jump In The Last 10 Sessions

Platinum Futures Bullish Momentum With A 5% Jump In The Last 10 Sessions
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(VIANEWS) - Platinum (PL) has been up by 5.04% for the last 10 sessions. At 17:52 EST on Tuesday, 12 March, Platinum (PL) is $928.30.

Volume

Today's last reported volume for Platinum is 39221, 99.99% below its average volume of 7955943533.49.

Volatility

Platinum's last week, last month's, and last quarter's current intraday variation average was 1.69%, 0.91%, and 1.29%, respectively.

Platinum's highest amplitude of average volatility was 2.12% (last week), 1.19% (last month), and 1.29% (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 oversold (<=20).

News about

  • Crude oil staggers on Tuesday as bullish momentum gets cut short by EIA forecast shift. According to FXStreet on Tuesday, 12 March, "A steeper-than-expected decline in US Crude Oil stocks for the week ended March 8 from the American Petroleum Institute (API) saw a brief uptick in bullish momentum heading into the end of the American trading session. ", "West Texas Intermediate (WTI) US Crude Oil has settled into a rough range on Tuesday, failing to capture $78.40 per barrel before falling into $77.20 as barrel traders struggle to pick a direction heading into the midweek. "

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.