Londinia Opportunities Analyses - 03/07/2025 (GMT) PALLADIUM - 1H

PALLADIUM
- USD (-)
- 10 min delayed data - NYMEX Futures
Type: Commodities
Ticker: PA
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 958.90 USD
My targets
971.00 USD (+0.88%)
1,001.84 USD (+4.09%)
My analysis
PALLADIUM is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 958.90 USD. The next resistance located at 971.00 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1,001.84 USD. After this resistance, buyers could then target 1,053.03 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

PALLADIUM rating 962.50 USD. The price registered an increase of +1.14% on the session with the lowest point at 943.50 USD and the highest point at 964.50 USD. The deviation from the price is +2.01% for the low point and -0.21% for the high point.

943.50
964.50
962.50

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of PALLADIUM indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 939.06 952.50 958.90 962.50 971.00 1,001.84 1,053.03
Change (%) -2.44% -1.04% -0.37% - +0.88% +4.09% +9.41%
Change -23.44 -10.00 -3.60 - +8.50 +39.34 +90.53
Level Intermediate Minor Intermediate - Minor Intermediate Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard915.47927.23939.47951.23963.47975.23987.47
Camarilla945.10947.30949.50951.70953.90956.10958.30
Woodie915.70927.35939.70951.35963.70975.35987.70
Fibonacci927.23936.40942.07951.23960.40966.07975.23


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard780.93840.97876.43936.47971.931,031.971,067.43
Camarilla885.64894.39903.15911.90920.65929.41938.16
Woodie768.65834.83864.15930.33959.651,025.831,055.15
Fibonacci840.97877.45899.99936.47972.95995.491,031.97


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard668.27784.63848.27964.631,028.271,144.631,208.27
Camarilla862.40878.90895.40911.90928.40944.90961.40
Woodie641.90771.45821.90951.451,001.901,131.451,181.90
Fibonacci784.63853.39895.87964.631,033.391,075.871,144.63

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 61.10
MACD (12,26,9): 0.6300
Directional Movement: 10.69
AROON (14): 0
DEMA (21): 953.03
Parabolic SAR (0,02-0,02-0,2): 944.50
Elder Ray (13): 1.19
Super Trend (3,10): 944.84
Zig ZAG (10): 962.50
VORTEX (21): 1.0600
Stochastique (14,3,5): 64.90
TEMA (21): 956.12
Williams %R (14): -9.52
Chande Momentum Oscillator (20): 12.50
Repulse (5,40,3): 1.0400
ROCnROLL: 1
TRIX (15,9): 0.0100
Courbe Coppock: 0.94
MA7: 943.94
MA20: 974.93
MA50: 974.47
MA100: 998.42
MAexp7: 955.80
MAexp20: 952.55
MAexp50: 951.62
MAexp100: 949.58
Price / MA7: +1.97%
Price / MA20: -1.27%
Price / MA50: -1.23%
Price / MA100: -3.60%
Price / MAexp7: +0.70%
Price / MAexp20: +1.04%
Price / MAexp50: +1.14%
Price / MAexp100: +1.36%

Quotes : - 10 min delayed data - Futures NYMEX