Palladium closed down by -2.99% to 2664.0 on 23 January 2021 and +-1.04% on a weekly basis. Palladium momentum was last calculated at +50.0/100 indicating positive momentum. Palladium trend is +100.0/100 indicating a positive trend. Palladium momentum exhaustion is 1.38058 indicating Palladium is oversold.Palladium RSI is 63.6432 .
MacroVar multi-factor statistical models monitor financial factors which are used to analyze and predict the Palladium. Click here to explore the financial factors monitored and their current signals.
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Palladium closed at 2664.0 on 23 January 2021. Palladium trend was last calculated at +100.0/100 (range: -100 to +100) indicating a positive trend based on MacroVar models. Palladium momentum was last calculated at +50.0/100 (range: -100 to +100) indicating positive momentum. Palladium momentum exhaustion is 1.38058 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating Palladium is oversold and a possible reversal is imminent. Palladium RSI was last calculated at 63.6432. Palladium moving averages were last recorded as follows: 1-month moving average: 2363.23 in an uptrend , 1-quarter moving average: 2350.86 in an uptrend and 1-year moving average: 2156.1 in an uptrend. Palladium annual return was last recorded at None%, daily return was last recorded at -2.99%, and weekly return was last recorded at -1.04%. Palladium histrorical 20-day volatility was last recorded at 16.9219%, Palladium alpha None, Palladium beta None and Palladium maximum drawdown was recorded at None%. MacroVar models monitor Palladium statistics based on historical data since 1970.